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Form 1099K

IRS Form 1099-K, Payment Card and Third-Party Network Transactions, is an IRS information return used to report certain payment transactions to improve voluntary tax compliance.

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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.

Form 3903 - Moving Expenses

Beginning January 1, 2018, the federal deduction for job-related moving expenses has been eliminated, except for certain military personnel.

Late Filed Returns (LATE Screen)

Calculate late federal filing penalties and interest using the Late Screen in Drake Tax.