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8915 F 2020 Coronavirus Distributions for 2021 Tax Returns

If a taxpayer received a coronavirus-related distribution in 2020 and that amount was entered in Drake Tax 2020, information from the 2020 return will update to 2021. If not, enter the 2020 information on the 915F screen in Drake Tax 2021.

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Split a Return

The Split feature in the Data Entry menu helps you easily split returns for federal or state purposes.

Direct Deposit

The DD screen allows you to set up direct deposit into a taxpayer’s account by the IRS, state, and some city departments of revenue.

FAFSA Worksheet

The Drake Tax FAFSA Worksheet helps your clients collect information needed when filing for federal student aid.