Installment Sale

Entering an installment sale in Drake Tax
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The Drake Tax FAFSA Worksheet helps your clients collect information needed when filing for federal student aid.
Enter expenses related to child and dependent care on Screen 2 and Screen 2441 for each dependent for whom expenses were incurred.
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.