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. [CC]
Other videos in this category:
The Drake Tax FAFSA Worksheet helps your clients collect information needed when filing for federal student aid. [CC]
Use Form 8915-E to report distributions due to Coronavirus and other disasters.
Advance CTC payments must be reconciled on the 2021 tax return. Excess advance payment amounts received will be required to be repaid in certain circumstances. To reconcile amounts received for the advance child tax credit, entries must be made on the 8812 screen in Drake Tax 2021.