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Appendix D: Acronyms & AbbreviationsDrake Software User’s Manual“R” ackRALRETRRCRTRTNSSNSTSub-S“T” ackTSTSJTILA.txtTYUNVER.xlsZIPReject transmissionRefund Anticipation Loan. A RAL is money borrowed from a financial institution bya taxpayer that is based on a taxpayer’s anticipated income tax refund.Refund Electronic TransferRecovery Rebate CreditRefund TransferRouting Transit Number. A number assigned by the Federal Reserve to each financialinstitution.Social Security NumberState code; generally a drop list at the top of an applicable screen.S corporationTest transmissionTaxpayer (or) SpouseTaxpayer (or) Spouse (or) JointTruth in Lending AgreementText filesTax YearUnverified field. Fields flagged as UNVER must be verified before e-file is possible.Excel filesZIP Code. Zone Improvement Plan. Five-digit postal code following addresses tomake mail delivery quicker.D-4 Tax Year 2008
Drake Software User’s ManualAppendix E: State E-filing MandatesAppendix E: State E-filing MandatesState e-filing mandates for tax year 2008, as collected from state tax-authority publications,are provided below.AlabamaCaliforniaConnecticutFloridaIndianaKansasLouisianaIf an income tax return preparer prepares 50 or more acceptable, original individualincome tax returns using tax preparation software in calendar year 2006, then for thatcalendar year and for each subsequent calendar year thereafter, all acceptable individualincome tax returns prepared by that income tax preparer must be filed using electronictechnology.California law requires tax preparers who prepare more than 100 individual stateincome tax returns annually and prepare one or more using tax preparation software toe-file all individual income tax returns. A $50 per return penalty may be assessed foreach return filed on paper that should have been e-file.Conn. Agencies Regs. Section 12-690-1 requires return preparers who prepared 50 ormore 2007 Connecticut income tax returns to file all 2008 Connecticut personalincome tax returns electronically using the Federal/State Electronic Filing Program (efile).Corporations in Florida must file and pay their income tax electronically if the corporationpaid $20,000 or more in tax during the State of Florida's prior fiscal year (July 1- June 30). File FL corporate income tax with the Florida Corporate Income/Franchiseand Emergency Excise Tax Return (Form F-1120) and file through the Internal RevenueService's 1120 Federal/State Electronic Filing Program using approved softwareNew Indiana law went into effect Jan. 1, 2008, requiring most tax preparers to fileIndiana individual income-tax return electronically. Tax preparers who file 100 ormore Indiana tax returns annually are obligated to follow this new law.The requirement applies to any paid preparer that prepares 50 or more Kansas IndividualIncome tax returns during any calendar year. The requirement will be based on thenumber of Individual Income tax returns, including resident, nonresident, and partyearreturns, filed by the tax preparer in a calendar year. The combined total of thereturns prepared by all employees at all of the tax preparer's locations will be used todetermine whether or not the tax preparer is subject to the electronic filing requirement.If a tax preparer files 50 or more in 2009, then 90% of the returns must be electronicallyfiled.The electronic filing mandate requires tax preparers filing more than 100 individualincome tax returns to do so electronically beginning January 1, 2008, as authorized byLa. Revised Statute 47:1520.The electronic filing requirement will be phased in as follows:Tax Year 2008 E-1
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CopyrightDrake Software User’s Ma
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Table of ContentsDrake Software Use
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Table of ContentsDrake Software Use
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What’s New in Drake for 2008Drake
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What’s New in Drake for 2008Drake
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Contacting Drake SupportDrake Softw
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InstallationDrake Software User’s
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Running Drake on a NetworkDrake Sof
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Running Drake on a NetworkDrake Sof
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Software SetupDrake Software User
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Making Changes on the FlyDrake Soft
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Logging In and OutDrake Software Us
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Creating and Opening ReturnsDrake S
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Data EntryDrake Software User’s M
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About State ReturnsDrake Software U
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Prior-Year UpdatesDrake Software Us
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Prior-Year UpdatesDrake Software Us
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Organizers and ProformasDrake Softw
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SchedulerDrake Software User’s Ma
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E-filing PreparationDrake Software
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Taxpayer DemographicsDrake Software
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ExemptionsDrake Software User’s M
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Personal Service Income (W-2, 1099-
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Passive and Investment Income (1099
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Passive and Investment Income (1099
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Self-Employment Income (Schedule C)
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Sales of AssetsDrake Software User
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Retirement Income (1099-R, etc.)Dra
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Supplemental IncomeDrake Software U
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Farm IncomeDrake Software User’s
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Social Security and Railroad Benefi
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Educator ExpensesDrake Software Use
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Self-Employment AdjustmentsDrake So
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PenaltiesDrake Software User’s Ma
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Domestic Production Activities Dedu
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Alternative Minimum TaxDrake Softwa
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Elderly/Disabled CreditDrake Softwa
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Retirement Savings Contributions Cr
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Household Employment TaxesDrake Sof
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Estimated TaxesDrake Software User
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Estimated TaxesDrake Software User
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Earned Income Credit (EIC)Drake Sof
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Additional Child Tax Credit and Com
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Recovery Rebate CreditDrake Softwar
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Electronic Funds Withdrawal (Direct
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Third Party DesigneeDrake Software
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DepreciationDrake Software User’s
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Auto ExpensesDrake Software User’
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Auto ExpensesDrake Software User’
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Office in HomeDrake Software User
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Net Operating LossesDrake Software
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Special ReturnsDrake Software User
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Requests, Claims, and Other FormsDr
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Requests, Claims, and Other FormsDr
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Special Features in Data EntryDrake
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Calculation ResultsDrake Software U
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Viewing and Printing a ReturnDrake
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Setting Up View/Print OptionsDrake
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Archive ManagerDrake Software User
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Archive ManagerDrake Software User
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Preparing to E-FileDrake Software U
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E-filing a ReturnDrake Software Use
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EF Override Options in Data EntryDr
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EF Override Options in Data EntryDr
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EF DatabaseDrake Software User’s
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Online EF DatabaseDrake Software Us
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About State FilingDrake Software Us
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About Bank ProductsDrake Software U
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Preparing to Offer Bank ProductsDra
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Bank Product TransmissionDrake Soft
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Processing the Loan CheckDrake Soft
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Troubleshooting Check PrintingDrake
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Cancellations, Tracking, & Post-Sea
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About Client StatusesDrake Software
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Customizing the DisplayDrake Softwa
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CSM ReportsDrake Software User’s
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Admin-only FeaturesDrake Software U
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Online SupportDrake Software User
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Software SupportDrake Software User
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Interactive SupportDrake Software U
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Fax Cover Letter for SupportDrake S
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Install UpdatesDrake Software User
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Download FontsDrake Software User
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File MaintenanceDrake Software User
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LettersDrake Software User’s Manu
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AmortizationDrake Software User’s
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Install State ProgramsDrake Softwar
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Quick EstimatorDrake Software User
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Report ManagerDrake Software User
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Setting Up a ReportDrake Software U
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Setting Up a ReportDrake Software U
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Filter ManagerDrake Software User
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Filter ManagerDrake Software User
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Report ViewerDrake Software User’
Page 286 and 287: Fixed Asset ManagerDrake Software U
Page 288 and 289: Hash TotalsDrake Software User’s
Page 290 and 291: Document ManagerDrake Software User
Page 300 and 301: Tax PlannerDrake Software User’s
Page 306 and 307: Client Write-UpDrake Software User
Page 308 and 309: Trial Balance ImportDrake Software
Page 318 and 319: Binary AttachmentsDrake Software Us
Page 320 and 321: Binary AttachmentsDrake Software Us
Page 322 and 323: Appendix A: Preseason ChecklistDrak
Page 324 and 325: Appendix A: Preseason ChecklistDrak
Page 326 and 327: PROCESS: E-FILING FEDERAL RETURNSCo
Page 328 and 329: Appendix C: KeywordsDrake Software
Page 334 and 335: Appendix D: Acronyms & Abbreviation
Page 338 and 339: Appendix E: State E-filing Mandates
Page 344 and 345: Prepare to use TrialBalance ImportC
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