User's Manual - Drake Software

Drake Software User’s Manual
Index
IRS Regulation 7216 (Consent to Use and Disclosure of
Tax Return Information) 22, 209–212
itemized deductions 140
K
K-1, see Schedule K-1
KB (Knowledge Base) 258
key combinations 63, 67
keyboard 63
keywords Appendix C
Kiddie Tax 149–150
Knowledge Base (KB) 258
L
labels 302
language, Spanish 28
late-filed returns 181–183
letterhead for bills and letters 44
letters
about 40–43
available templates 43
batch 301–304
bringing forward from last year 46
Client Communications Editor 41
customized supplemental 31
default templates 31
due date to print on 54
editing a template 44
engagement 31
envelopes 305
estimate payment reminders 301
K-1 (1120S, 1065, 1041 only) 31, 43, 53
keywords Appendix C
letterhead 44
mailing labels 302
margins (adjusting) 44
overrides (LTR screen) 58
overriding due date shown on 54
printing 302
privacy 31
restoring 45
setup 43
viewing 46
like-kind exchanges 116
listed property types 166
live payroll, see Client Write-Up
logging in
as ADMIN 14
to Drake 14, 61
to ETC 263
to online EF database 241
logging out of Drake 61
long-term care insurance 133
losses
capital gains and 112
net operating (NOLs) 173–174
non-recaptured 115
of assets (screens for entering) 111
on Schedule C 111
passive activity 124
using the LOSS screen 174
lost checks 224
lottery winnings 133
M
macros
see also shortcut keys
in the Fixed Asset Manager 326
setup 38
symbols used in 39
viewing from data entry 38
mailing labels 302
mandates 8
mandates, e-filing 8
margin adjustments (letters) 44
marketing kits 272
married filing separately, see MFS filing status
maximizing screens 28
maximum/minimum fees 38
meals and entertainment 134
meals subject to DOT rules 110
medical savings accounts (MSAs) 133
message pages (EF messages) 230
MFS filing status
claiming dependents 101
ineligibility for child care credit 143
splitting a joint return 73
using Quick Estimator 310
mileage
and moving expenses 136
prior-year 172
rates 172
military
addresses 98
and EIC 156
processing codes 98
-related tax forgiveness 180
Military Spouses Residency Relief Act 110
ministerial income allocation, see clergy
MOM, see Multi-Office Manager
months in home (dependents) 100
mouse 63
moving expenses 135
MSG (state EF message) pages 232
multi-form code (MFC) fields 73
Tax Year 2012
xxxvii