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Recovery Rebate Credit (Economic Impact Payment) 2020

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.

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SALT Limitation

Drake Tax's SALT Limitation Worksheet breaks down the deductions for the $10,000 State and Local Tax Deduction. [CC]

Calculating QBI for Schedule E Income

Learn to compute the qualified business income (QBI) deduction for income originating from Schedule E.

Charitable Contributions Carryovers

Track excess Charitable Contributions to carry forward. [CC]