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Recovery Rebate CreditDrake Software User’s ManualRecovery Rebate CreditScreen code: RRCUse the RRC screen, accessible from the General tab, to enter data for the “Recoveryrebate credit” line of Form 1040. The RRC screen has three fields:• Economic stimulus payment received as shown on Notice 1378• Nontaxable veteran’s disability/death benefits received in 2008• By-pass the recovery rebate credit calculation (check box)If a return was updated from 2007 and there was a positive estimate amount on theREBATE worksheet, this amount is shown as the Economic stimulus paymentreceived. This field will be flagged for verification.IMPORTANTBefore you verify this field, confirm the exact amount receivedfrom the IRS. A link to the IRS “How Much Was My 2008 StimulusPayment?” page is available on the RRC screen for this purpose.If there is no entry (other than “0” or a positive amount) in the Economic stimuluspayment received field, an EF message is generated and the return cannot be e-filed.To have the program bypass calculation of the credit, select the By-pass check box onthe RRC screen._NOTEYou can select to have the EF message displayed as a note (on theNOTES page) or to have it not displayed at all. Set up these optionsin Setup > Options > Administrative Options tab. For more onthese options, see “Admin Options” on page 30.Direct DepositScreen code: DDUse the DD screen, accessible from the General tab, to indicate that a refund is to bedeposited directly into the taxpayer’s account._NOTESThe DD screen contains fields for completing IRS Form 8888,Direct Deposit of Refund to More Than One Account.This section refers to refunds that are not in the form of bank products.Account information for bank products must be entered on theapplicable bank screen. See “Additional Product Offerings” onpage 210.Required InformationThe name of the financial institution, the bank’s routing number (RTN), the client’saccount number, and the type of account (checking or savings) are required. TheRTN, Account number, and Type of account information must be entered twice(Figure 5-44) or an EF message is generated.Figure 5-44: Repeat account information for RTN, account number, and type of account134 Tax Year 2008