Virtual Currency
Answer the virtual currency question on Forms 1040 and 1040-SR
Other videos in this category:
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 2021 tax return.
Easily track repayment of the Home Buyer’s Tax Credit by entering data into Form 5405 on the Home screen.
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.