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Estimated Taxes<strong>Drake</strong> <strong>Software</strong> User’s Manualamounts on the ES screen. You can also enter the total amount on screen 5 or use the2210 screen for underpayment of estimated tax.2008Payments onScreen 52008Payments onES ScreenUse screen 5 to directly enter the amount of estimated taxes paid in 2008. The programassumes that the payments were made in four equal amounts on the standardestimate due dates. Note that the Estimated tax payments field is an adjustment field;if 2008 payment amounts are entered on both screen 5 and the ES screen, they will becombined during calculation, and the sum shown on Form 1040.Use the ES screen to enter, by quarter, the 2007 overpayment and the estimated taxespaid in 2008. The program applies the standard estimate payment dates. If any of thesedates are different, enter the correct date in the applicable override field.Estimated Payments for 2009Figure 5-38: Entering estimate taxes paid in 2008Estimated payments for 2009 are shown on the payment vouchers in View/Print mode.Figure 5-39: ES Vouchers in View/Print directoryPrintingEstimateVouchers<strong>Drake</strong> calculates the balance due and generates payment vouchers (Form 1040-V), butit does not generate estimate vouchers by default. To have the program print estimatevouchers, you must indicate this manually. You can do this in one of two ways:• Select an estimate (ES) code on the ES screen (shown at <strong>left</strong>)• Select an ES code at the bottom of screen 1 (Figure 5-40)126 Tax Year 2008

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