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Drake Software User’s ManualUnemployment CompensationThe program’s default position for material participation is that the taxpayer “materiallyparticipated in 2008.” If the taxpayer did not materially participate, select DidNOT materially participate in 2008.1099-PATREnter the distribution amount from Form 1099-PATR, Taxable Distributions Receivedfrom Cooperatives, in the Co-op total distributions field on Screen F.Form 4835, Farm Rental Income and ExpensesScreen code: 4835Farm Asset DepreciationForm 4835 is for individual returns only and is not available for the 1041 package.Estates and trusts must file Schedule E, Part I, to report rental income and expensesfrom crop and livestock shares.Use the 4562 screen (Depreciation Detail) to create depreciation schedules forSchedule F and Form 4835. For more on depreciation, see “Depreciation” onpage 140.Unemployment CompensationUse screen 3 to enter full unemployment compensation for 2008. Enter prior-yearunemployment compensation amounts elsewhere in Drake, as shown in Table 5-4.Table 5-4: Entering Unemployment Compensation in DrakeUnemploymentCompensationInformation from 1099-GAny prior-year amounts, repaidPrior-year supplemental(employer-provided) amounts,repaidScreen: 99GFields: As applicableWhere to Enter in DrakeScreen: AField: Other not subject to 2% limitScreen: 4Field: Repaid sub-pay previously reported (Enter therepaid amount.)Current year (2008), total Screen: 3Field: Unemployment compensation received (adjustmentfield; added to 99G amount)Current year (2008), repaid Screen: 3Field: Portion of above unemployment repaid in 2008Note that the Unemployment compensation received field on screen 3 is an adjustmentfield. Any amount entered in this field is added to the amounts from the 99Gscreen and carried to the “Unemployment compensation” line of Form 1040. Do notduplicate the 99G entries on screen 3.Tax Year 2008 107