Computing Taxable State Refund with AMT

Calculate the taxable portion of the state refund carry to next year's return when the taxpayers is subject to AMT.
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Calculate late federal filing penalties and interest using the Late Screen in Drake Tax.
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.
Drake Tax automatically generates estimated tax payment vouchers for federal returns without requiring any data entry.