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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.

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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.

Entering Multi-State W-2

Use the Additional Entries tab to report data exceeding the four fields provided on the W2 screen or school district wages in withholding.

Generating Estimated Payment Vouchers

Drake Tax automatically generates estimated tax payment vouchers for federal returns without requiring any data entry.