Business Returns

Learn the basics of Drake Tax with these short instructional videos.

Content with Closed Caption [CC] enabled is available by clicking [CC] in the video or its summary.

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Drake Tax provides an auto-balance feature to assist in completing the Balance Sheet of business returns.
Have you ever had your entity name truncated on a business return because it was too long? Here’s a tip for you to get those longer names to display nicely on forms. [CC]
Allocate items among partners for Schedule K for Partnership Returns.
You can easily view K1s and other forms and documents for each individual K1 recipient in Drake. [CC]
Export K1 data from a business return to an individual return.
How to use the Trial Balance worksheet that is included in all Drake Tax´s tax packages. [CC]
March deadline for Forms 1120S and 1065. Use Form 7004 if more time is needed to file.