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Electronic Funds Withdrawal

Use the PMT screen to set up automatic fund withdrawal by the IRS, state, and some city departments of revenue.

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8915 F 2020 Coronavirus Distributions for 2021 Tax Returns

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.

Form 2106 - Employee Business Expenses

Beginning in 2018 the previous federal deduction for employee business expenses reported on Form 2106 has been suspended unless the taxpayer meets certain criteria.

Affordable Health Care Act

Learn how Minimum Essential Coverage, exemptions, and the Individual Shared Responsibility Payment impact tax preparation.