Group Sale
Allocate the sales price and expenses from a group sale of assets easily. [CC]
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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.
Calculate late federal filing penalties and interest using the Late Screen in Drake Tax.
Prepare amendments to tax returns using the Data Entry menu to access the 1040X Amended Return screen. [CC]