Installment Sale

Entering an installment sale in Drake Tax
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Easily track repayment of the Home Buyer’s Tax Credit by entering data into Form 5405 on the Home screen.
Calculate the qualified business income (QBI) deduction for income deriving from 1065 and 1120S income reported on Schedule K-1.
Prepare amendments to tax returns using the Data Entry menu to access the 1040X Amended Return screen.