Roth Distributions and Rollover
Enter most retirement income information – such as data related to Roth distributions and rollovers – using the 1099, 8606, and Roth screens. [CC]
Other videos in this category:
Prepare amendments to tax returns using the Data Entry menu to access the 1040X Amended Return screen. [CC]
Calculate late federal filing penalties and interest using the Late Screen in Drake Tax.
Learn how to use screen RRC to calculate any available Recovery Rebate Credit (Economic Impact Payment) that the taxpayer might be entitled to on the 2020 tax return.