Installment Sale

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

Calculate the taxable portion of the state refund carry to next year's return when the taxpayers is subject to AMT.

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.