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Quick EstimatorDrake Software User’s ManualTo use the Quick Estimator:Shortcut: PressCTRL+Q to openQuick Estimator.1. From the Home window, select File > Quick Estimator.2. Enter or select a return SSN. If an existing return is selected, the Quick Estimatorwill not override previous entries.3. Enter all applicable information for the return. Press F1 in an individual field forhelp on that field.4. Press ESC to save the data, exit the screen, and view the return (or click the X inthe upper right corner of the screen). Depending upon your setup options, youmight be able to click CTRL+C to calculate, or CTRL+V to calculate and view.Please note the following points when using the Quick Estimator:• Because the total of interest, dividends, and other income are entered in one field(Int/div/other income), the RAL, Bonus, and preparer fees might not be accuratelyreflected on the bill. The income could be overestimated or underestimated.• The Quick Estimator produces only one return if Married Filing Separately. Aseparate return must be generated for the other spouse.• Because the names of dependents are not entered in the Quick Estimator, the individualnames are not shown on the return. The appropriate credit amounts will beindicated if all applicable fields are completed in the Quick Estimator.• The potential RAL and Bonus amounts can be calculated by selecting the RALand Bonus fields.• An Override RAL amount entry overrides the selected loan amount on theBANK screen, if this is allowed by the bank.• A Prep fees w/h entry overrides the Preparer Fees field on the BANK screen._NOTERemember, the Quick Estimator should be used only for estimatingtaxes. A full return should be prepared later. Data from the QuickEstimator flows to the full tax program and might need adjusting.264 Tax Year 2008