User's Manual - Drake Software

Index
Drake Software User’s Manual
Form 8867 (EIC Preparer Checklist) 155
Form 8873 (Extraterritorial Income Exclusion) 139
Form 8874 (New Markets Credit) 147
Form 8879 (IRS e-file Signature Authorization) 163–164
Form 8880 (Credit for Qualified Retirement Savings Contributions)
146
Form 8881 (Credit for Small Employer Pension Plan Startup
Costs) 147
Form 8882 (Credit for Employer-Provided Childcare Facilities
and Services) 147
Form 8885 (Health Coverage Tax Credit) 147, 157
Form 8888 (Direct Deposit of Refund to More Than One
Account) 158
Form 8889 (Health Savings Accounts) 135
Form 8896 (Low Sulfur Diesel Fuel Production Credit)
147
Form 8903 (Domestic Production Activities Deduction)
139
Form 8907 (Nonconventional Source Fuel Credit) 147
Form 8908 (Energy Efficient Home Credit) 147
Form 8909 (Energy Efficient Appliance Credit) 147
Form 8910 (Alternative Motor Vehicle Credit) 147
Form 8911 (Alternative Fuel Vehicle Refueling Property
Credit) 147
Form 8912 (Credit for Clean Renewable Energy and Gulf
Tax Credit Bonds) 147
Form 8917 (Tuition and Fees Deduction) 138
Form 8919 (Uncollected Social Security and Medicare Tax
on Wages) 147
Form 9325 (Acknowledgment and General Information for
Taxpayers Who File Returns Electronically) 32, 33
Form 9465 (Installment Agreement Request) 164, 179,
237
Form SSA-1099 (Social Security Benefits Statement) 132
Form W-2 (Wage and Tax Statement) 29, 102–105
Form W-2G (Gambling Income and Loss) 133
Form W-4 (Employee’s Withholding Allowance Certificate)
180
Form W-7 (Application for IRS Individual Taxpayer Identification
Number (ITIN)) 179
forms
blank 290
order of (in printing) 206
properties of 205
forms-based data entry 309
forums 270
frequently asked questions, see FAQs
front office mode (in Scheduler) 85
full-time student 98
G
gains, capital 112
grid data entry 68
group sales 170
group security settings 25
GruntWorx ??–362
H
heads-down data entry
about 82
macro for 40
toggling to basic data-entry 82
health insurance
COBRA 149
self-employed 137
health savings accounts (HSAs) 133
home (residence)
conversion to business use 118
credit for first-time buyers 158
depreciation of 173
energy credits 143
months in 100
office 172
sale of 117
using the HOME screen 117
Home window in Drake 61
HSA funding distributions 118
I
identity theft 98
imperfect returns 33, 236
importing
see also exporting
files into the DDM 348
Kiddie Tax data 149
QuickBooks data 299
Schedule D data 112, 367
income
exempt notary 110
index file repair 291
indirect expenses (on Schedule E) 123
installing
Drake tax software 11–18
updates 287
Integrated File and Pay 160
interest
and dividends 105–108
and penalty for late-filed returns 181
rates, manually entering 183
IRA
adjustments 138
contributions 119
converting to Roth 120
income not reported on 1099-R 118
penalty computations 120
xxxvi Tax Year 2012