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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.
Other videos in this category:
Calculating QBI for Schedule C income
Calculate the qualified business income (QBI) deduction for income deriving from Schedule C.
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.
Recovery Rebate Credit (Economic Impact Payment) 2020
Learn how to use screen RRC to calculate any available Recovery Rebate Credit (Economic Impact Payment) that the taxpayer might be entitled to on the 2020 tax return.