User's Manual - Drake Software

Drake Software User’s Manual
Index
sale of home 118
Schedule E (Supplemental Income and Loss)
activity types 122, 124
applying expenses to 171
depreciation schedules for 165
entering data for 121–124
using for farm income & expenses (Form 1041) 131
Schedule F (Profit or Loss From Farming)
applying expenses to 171, 172
depreciation schedules for 165
entering data for 130–131
Schedule H (Household Employment Taxes) 148
Schedule J (Income Averaging for Farmers and Fishermen)
130
Schedule K-1 (Share of Income, Deductions, Credits, etc.)
accessing screens 124
applying expenses to 172
basis worksheets for 127
entering data for 124–127
exporting data from another return 126
letters 31, 43, 53, 60
printing page 2 30
state amounts (if different from federal) 125
Schedule R (Credit for the Elderly or the Disabled) 143
Schedule SE (Self-Employment Tax) 136
Scheduler 85–96
establishing daily schedules 87
new features this year 85
reports 95, 313
searching 94
screen captures 75
search conditions (in Filter Manager) 319–322
searching
appointments 94
business codes 110
city codes 98
CSM 253
DDM 335, 347
Drake Software User’s Manual 1
EF database 239
federal and state publications 272
Help feature in Drake 273
Knowledge Base 259
preparers 27
reject codes 240, 241
reports 319
student records (ETC) 269
section 179 expensing
entering data for 166–168
for general partner on K1P screen 125
report of assets 324
SecureFileProTM 363–??
security
group 25
levels (online EF database) 244
of client files 296
preparer 23
selecting a filing status 97
self-employment
see also Schedule C (Profit or Loss From Business)
adjustments 136–138
clergy, see clergy
foreign income 134
tax 136
Series I Savings Bonds 159
sets (printing) 201
setup procedures 18–52
Setup Wizard 14
shipment letters 9
Shortcut Keys xiii
shortcut keys 63, 67
Simplified General Rule Worksheet 118
Single Member Limited Liability Company (SMLLC) 110
Social Security benefits 132
Social Security Numbers
applying one number to two returns 299
changing 295
printing on bill 32
verifying 28
soft fonts 48, 290
Spanish
result letters 58
screens 28
special tax treatments 118
splitting a return (MFJ to MFS) 73
SSN, see Social Security Numbers
ST (field) 73
staggering DCNs 234
state
see also state programs
see also state returns
FAQ screens 248
mandates Appendix E
registration numbers 23
state programs
downloading prior-year 271
setup options 32
state returns
accessing 75
e-filing 248
statutory employees 103
stolen checks 224
storing
files in the DDM 336–??, 342–??, 344–349
print files 29
student
full time 98
loan interest deduction 138
Tax Year 2012
xli