F E D E R A L F A C T S H E E T S

3/2016

Quick Facts· Current-year and prior-year 706 calculations· Option to have entries on Estate Property screen flow to Schedule M· Performs comprehensive calculations for charitable deductions, marital deductions, taxable gift reconciliation, and Section 6166 deferred payments· Supports all 20 schedules

Forms and Schedules706_A Additional Estate Tax Return706 Estate and Generation-Skipping Transfer Tax Return70_CE Certificate of Payment of Foreign Death Tax706_QDT Estate Tax Return for Qualified Domestic Trusts712 Life Insurance Statement4768 Application for Extension to Pay Estate Taxes8822 Change of Address8971 Beneficiaries Acquiring Property From a DecedentSCH A Schedule A, Real EstateSCH A_1 Schedule A-1, Section 2032A Valuation

SCH B Schedule B, Stocks and BondsSCH C Schedule C, Mortgages, Notes, and CashSCH D Schedule D, Insurance on the Decedent’s LifeSCH E Schedule E, Jointly Owned PropertySCH F Schedule F, Miscellaneous PropertySCH G Schedule G, Transfers During Decedent’s LifeSCH H Schedule H, Powers of AppointmentSCH I Schedule I, AnnuitiesSCH J Schedule J, Funeral ExpensesSCH K Schedule K, DebtsSCH L Schedule L, Net Losses during Administration SCH M Schedule M, Bequests to Surviving Spouse SCH O Schedule O, Charitable GiftsSCH P Schedule P, Credit for Foreign Death TaxesSCH Q Schedule Q, Credit for Tax on Prior Transfers SCH R Schedule R, Generation-Skipping Transfer Tax SCH R_1 Generation-Skipping Transfer Tax Payment VoucherSCH U Schedule U, Qualified Conservation Easement Exclusion

Quick Facts > Includes Forms 990-EZ, 990-N, 990-PF, 990-T, and 990-W > Drake custom trial balance import model > Foreign address input, printing, and e-file > Hyperlinks from screen to screen for data entry > Imports trial balance information from QuickBooks®

> Payment screen for 990PF and EXT payments > Pre-defined IRC elections > Same Officer and Independent Contractor screens used for Form 990, 990-EZ, and 990-PF > Supports required schedules, worksheets, and statements for Forms 990, 990-EZ, 990-PF, and 990-T Comprehensive Calculations > 990-T corporation and trust tax calculations > Auto-balance of retained earnings or fund balances > Schedule A - 2% excess contribution calculation

e-File Features > Additional three-month extension > EF_ACK, Acknowledgement and General Information for Entities That File Returns Electronically > e-File available at no additional cost > e-File PDF attachments > Extensions for all Form 990 types > Numerous reports on e-filed returns available

990 Organization Exempt from Income Tax 990_EZ Organization Exempt from Income Tax-Short Form

990_N e-Postcard for Small Exempt Organizations990_PF Organization Exempt from Income Tax-Private Foundation990_T Exempt Organization Business Income Tax Return1118 Foreign Tax Credit-Corporations (and related schedules)2848 Power of Attorney 3115 Application for Change in Accounting Method3800 General Business Credit 4136 Credit for Federal Tax Paid on Fuels 4562 Depreciation and Amortization4720 Return of Certain Excise Taxed Under IRC 41 & 425471 Information Return for a Foreign Corporation (and related schedules)5884 Work Opportunity Credit6478 Alcohol Used as Fuel Credit8027 Employer’s Annual Information Return of Tip Income & Allocated Tips8586 Low-Income Housing Credit8609 Low-Income Housing Credit Allocation and Certification8609A Annual Statement for Low-Income Housing Credit8697 Interest Computation Under the Look-Back Method8821 Tax Information Authorization8822B Change of Address Form-Business8826 Disabled Access Credit 8845 Indian Employment Credit8846 Employer FICA Taxes on Tips8864 Biodiesel and Renewable Diesel Fuels Credit

Forms and Schedules8868 Application to File Extension for Exempt Organization 8879EO IRS e-File Signature Authorization for an Exempt Organization8911 Alternative Fuel Vehicle Refueling Product Credit8912 Credit to Holders of Tax Credit Bonds

Quick Facts > Automatically generates returns for a husband and wife > Data entry will flow to the tax forms > Fast entry of recurring gifts during the year > Taxpayer name and address information transfers from Form 1040 to Form 709

Comprehensive Calculations > Charitable deduction > Each donee’s annual exclusion > Gifts to a qualified state tuition program > Split gifts > Tracks the use of the unified credit

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Estate and Generation-Skipping Transfer Tax ReturnsForm 706

Gift Tax ReturnsForm 709

Exempt Organization Tax ReturnsForm 990

Quick Facts > 1040NR returns > Ability to Email returns to Support > Appointment Scheduler > Autofill available for amended returns > Client Status Manager for client return tracking > Data entry organized by different areas of the return (income, adjustments, credits, etc.) > Diagnostic notes and EF message pages > Drake Document Manager for paperless office > Due diligence forms for EIC > Email alerts > Federal information flows to state returns > Group sales of depreciable assets > Import data from parents’ returns for Form 8615 > Import data from QuickBooks®

> Import data with GruntWorx > Import K-1s from 1120S, 1065, and 1041 packages > Many credit forms available > More than 175 forms, schedules, and worksheets included > Multi-Office Manager > Open state data entry screens from within federal data entry screens > Print estimate/extensions and federal, state, preparer, and client sets > Print labels > Print preparer and ERO signatures > Print the return as PDF > Prior-year comparisons > Proformas and organizers > Schedule D Import > Setup options for all returns > Software updates delivered online > Sorting of interest and dividend entries > Split MFJ returns into MFS returns > Standard and custom reporting options > Tax Planner for forecasting client scenarios > Update client data from year to year > W-2 Import

Comprehensive Calculations > 4797 calculations > Alternative Minimum Tax > Amended returns > AMT depreciation > AMT NOL calculation and tracking > At-risk limitations > Basis worksheets for Schedule K-1s > Business use of home > Carryover items > Charitable contribution limitation > Child Tax Credit > Estimated tax > Federal and state depreciation differences > Federal marketplace Bronze and Silver plan premium look ups > Foreign income exclusion > Household employment taxes > “Kiddie Tax” > Late-filing penalties > Like-kind exchanges > Lump-sum distribution > Marketplace Coverage Affordability Worksheets > Ministerial income calculations > NOL calculation and tracking > Oil and gas depletion > Partial rental ownership > Passive activities > Premium Tax Credit reconciliation > Roth IRA Basis > Sale of home > Sales tax vs. state income tax > Section 179 business income limitation > Self-employment tax > SEP/Keogh/SIMPLE contributions > Suspended losses > Tax-preference items > Underpayment penalty > Unlimited number of fixed assets, installment sales, publicly traded partnerships > Vacation homes

8925 Report of Employer-Owned Life Insurance Contracts8932 Credit for Employer Differential Wage Payments8941 Credit for Small Employer Health Insurance PremiumsSchedule A Public Charity Status and Public SupportSchedule B Schedule of ContributorsSchedule C Political Campaign and Lobbying ActivitiesSchedule D Supplemental Financial StatementsSchedule E SchoolsSchedule F Statement of Activities Outside the United StatesSchedule G Supplemental Information Regarding Fund-Raising or Gaming ActivitiesSchedule H HospitalsSchedule I Grants and Other Assistance to Organizations, Governments, and Individuals Schedule J Compensation InformationSchedule K Supplemental Information on Tax-Exempt BondsSchedule L Transactions with Interested PersonsSchedule M Noncash TransactionsSchedule N Liquidation, Termination, Dissolution, or Significant Disposition of Assets

Schedule O Supplemental Information to Form 990Schedule R Related Organizations and Unrelated Partnerships 990_W Estimated Tax Worksheet SS_4 Application for Employer Identification Number

Worksheets, Attachments, and Other Forms WK_990A Excess 2% Limitation Contributors WK_5471 Form 5471 worksheets WK_8941 Form 8941 worksheets WK_CNTRT (990-T) Contribution Limitation Worksheet WK_H1-8 Worksheets Related to Schedule H WK_TTAX (990-T) Tax Computation Worksheet DEPR_REC Depreciation Reconciliation *Form 990-T and related credits are not e-fileable

Individual Tax ReturnsForm 1040

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LookBack shows fields in a client’s return that had data in them last year. (Available in most federal packages)

LinkBacks locates the source of displayed data and identifies where that information flows, available only on most common forms.

DoubleCheck annotates fields to improve document proofing, available in every package.

e-File Features > e-File available for federal and all states > Federal marketplace lookups > Numerous reports available on e-filed returns > PDF attachments available for e-file

Forms and Schedules56 Notice Concerning Fiduciary Relationship709 Gift Tax Return970 Application to Use LIFO Inventory Method982 Reduction of Tax Attributes 1040 Individual Income Tax Return1040A Individual Income Tax Return1040ES Estimated Income Tax for Individuals1040EZ Individual Income Tax for Single and Joint-Filers with No Dependents1040NR Individual Income Tax for Nonresident Aliens1040V Payment Voucher1040X Amended Individual Tax Return1045 Application for Tentative Refund1098 Mortgage Interest Statement1099_C Cancellation of Debt1099_LST Detail Listing1099_G Certain Government Payments1099_MISC Miscellaneous Income1099_R Distributions from Pensions, Annuities, Retirement, etc.1099_RRB Railroad Retirement Benefits1099_SSA Social Security Benefits1116 Foreign Tax Credit1116AMT Foreign Tax Credit Alternative Minimum Tax1310 Statement of Person Claiming Refund Due a Deceased Taxpayer2106 Employee Business Expenses2106EZ Unreimbursed Employee Expenses 2120 Multiple Support Declaration2210 Underpayment of Estimated Tax2210F Underpayment of Estimated Tax by Farmers and Fishermen2350 Application for Extension of Time 2439 Notice of Long-Term Capital Gains2441 Child and Dependent Care Expenses2555 Foreign Earned Income2555EZ Foreign Earned Income Exclusion 2848 Power of Attorney 3115 Application for Change in Accounting Method3468 Investment Credit3800 General Business Credit3903 Moving Expenses4136 Credit for Federal Tax Paid on Fuels4137 Social Security and Medicare Tax on Unreported Tip Income4255 Recapture of Investment Credit4506 Request for Copy of Tax Return4562 Depreciation and Amortization4684 Casualties and Thefts4797 Sales of Business Property4797AMT Sales of Business Property – Alternative Minimum Tax4835 Farm Rental Income and Expenses4852 Substitute Form W-2 / 1099-R4868 Application for Automatic Extension to File Form 10404952 Investment Interest Expense Deduction4952AMT Investment Interest Expense Deduction – Alternative Minimum Tax4970 Tax on Accumulation of Distribution of Trusts4972 Tax on Lump-Sum Distributions5329 Additional Taxes on Qualified Plans5405 First-Time Homebuyer Credit

5471 Information Return of U.S. Persons with Respect to Certain Foreign Corporations5695 Residential Energy Credits5884 Work Opportunity Credit6198 At-Risk Limitations6198AMT At-Risk Limitations – Alternative Minimum Tax6251 Alternative Minimum Tax - Individuals6252 Installment Sale Income6478 Credit for Alcohol Used as Fuel6765 Credit for Increasing Research Activities6781 Gains and Losses from Section 1256 Contracts and Straddles8082 Notice of Inconsistent Treatment8275 Disclosure Statement8275R Regulation Disclosure Statement8283 Noncash Charitable Contributions8332 Release of Claim to Exemption for Child of Divorced or Separated Parents 8379 Injured Spouse Allocation8396 Mortgage Interest Credit8453 U.S. Individual Income Tax Transmittal for an IRS E-File Return8582 Passive Activity Loss Limitations8582_CR Passive Activity Credit Limitations8582 AMT Passive Activity Loss Limits for AMT8586 Low-Income Housing Credit8594 Asset Acquisition Statement8606 Nondeductible IRAs8609 Low-Income Housing Certification8609_A Annual Statement for Low-Income Housing Credit 8611 Recapture of Low-Income Housing Credit8615 Tax for Certain Children with Investment Income8801 Credit for Prior Year Minimum Tax8812 Additional Child Tax Credit8814 Parents’ Election to Report Child’s Interest and Dividends8815 Exclusion of Interest from Series EE and I US Savings Bonds8820 Orphan Drug Credit8821 Tax Information Authorization8822 Change of Address 8824 Like-Kind Exchanges8826 Disabled Access Credit8828 Recapture of Federal Mortgage Subsidy8829 Expenses for Business Use of Your Home8834 Qualified Electric Vehicle Credit8835 Renewable Electricity and Refined Production Credit8839 Qualified Adoption Expenses8844 Empowerment Zone Credit8845 Indian Employment Credit8846 Credit for Employer Social Security and Medicare Taxes Paid 8853 Archer MSAs and Long-Term Care Insurance Contracts8857 Request for Innocent Spouse Relief8859 District of Columbia First-Time Homebuyer Credit8862 Information to Claim Earned Income Credit after Disallowance8863 Education Credits8864 Biodiesel and Renewable Diesel Fuels Credit8866 Interest Computation Under the Look-Back Method 8867 Paid Preparer’s EIC Checklist8873 Extraterritorial Income Exclusion8874 New Markets Credit8878 Signature Authorization Application for Extension of Time to File8879 IRS e-File Signature Authorization8880 Credit for Qualified Retirement Savings Contributions8881 Credit for Small Employer Pension Plan Startup Costs8882 Credit for Employer-Provided Childcare Facilities and Services8885 Health Coverage Tax Credit8888 Allocation of Refund

8889 Health Savings Accounts (HSAs)8896 Low Sulfur Diesel Fuel Production Credit8903 Domestic Production Activities Deduction8908 Energy Efficient Home Credit8910 Alternative Motor Vehicle Credit8911 Alternative Fuel Vehicle Refueling Property Credit8912 Credit to Holders of Tax Credit Bonds8917 Tuition and Fees Deduction8919 Uncollected Social Security and Medicare Tax on Wages8936 Qualified Plug-in Electric Drive Motor Vehicle Credit8938 Statement of Specified Foreign Financial Assets8941 Credit for Small Employer Health Insurance Premiums8948 Preparer Explanation for Not Filing Electronically8949 Sales & Dispositions of Capital Assets8958 Allocation of Tax Amounts Between Certain Individuals in Community Property States8959 Additional Medicare Tax8960 Net Investment Income Tax – Individuals, Estates, and Trusts8962 Premium Tax Credit8965 Health Coverage Exemptions9325 Acknowledgement and General Information for Taxpayers Who File Electronically 9465 Installment Agreement Request14039 Identity Theft AffadavitFEC Foreign Employer CompensationW_2 Wage and Tax StatementW_2_LST W-2 Listing W_2G Certain Gambling WinningsW_2GU Guam Wage and Tax StatementW_4 Withholding of Federal Income TaxW_7 Application for IRS Individual Taxpayer Identification NumberSCHA Schedule A, Itemized DeductionsSCHB Schedule B, Interest and Ordinary Dividend IncomeSCHC Schedule C, Profit or Loss from Business SCHC_EZ Schedule C-EZ, Net Profit from BusinessSCHD Schedule D, Capital Gains and LossesSCHD_AMT Schedule D, Capital Gains and Losses, AMT SCHE Schedule E, Supplemental Income and LossSCHEIC Schedule EIC, Earned Income CreditSCHF Schedule F, Farm IncomeSCHH Schedule H, Household Employment TaxesSCHJ Schedule J, Income Averaging for Farmers and FishermenSCHR Schedule R, Credit for the Elderly or the DisabledSCHSE Schedule SE, Self-Employed Tax WorksheetsAMT_NOL Alternative Net Operating Loss

WorksheetsCLGYIDED Clergy Itemized DeductionsMFS_ALLC Community Property State Married Filing Separate AllocationROTH_BAS Roth Basis ComputationSALESTAX State and Local General Sales Tax DeductionWK_MSA MSA Contribution LimitsWK_SCH E Schedule E Worksheet, Rental Limitation on Deductions for Personal UseWK_SEHID Self-Employed Health Insurance DeductionWK_1045 Itemized Deduction Limitations for NOLWK_1116 Lump-Sum Distributions WK_1116D Worldwide Qualified Dividends and Capital GainsWK_I179L Business Income Limitation for Section 179 WK_1250 Unrecaptured GainWK_2119 Sale of HomeWK_6251A Exemption WK_8582 Passive Activity

WK_85821 Passive Loss #1 Worksheet, Lines 1A, 1B, and 1CWK_85823 Passive Loss #3 Worksheet, Lines 3A, 3B, and 3CWK_85824 Passive Loss #4 Worksheet, Lines 10 and 14WK_85825 Unallowed Losses WorksheetWK_85826 Passive Loss-Allowed Losses WorksheetWK_85827 Losses Reported on 2 or More Schedules8582CR All Form 8582CR worksheets8582_PTP Publicly Traded Partnership WorksheetsWK_8606 Reduced IRA DeductionWK_8606N 1040 IRA DeductionWK_8611 Form 8611WK_8615 Form 8615WK_8812 Child Tax CreditWK_8829 Deduction for Business Use of HomeWK_8839 Modified AGI Worksheet - Form 8839WK_88393 Exclusion of Prior Year Benefits - Form 8839WK_88394 Adoption Credit CarryoverWK_8917 MAGI for the Tuition and Fees DeductionWK_89621 Modified AGI WorksheetsWK_89624 Alternative Calculation for Year of MarriageWK_89625 Taxpayer Alternative Monthly ContributionWK_89626 Spouse Alternative Monthly ContributionWK_89627 Alternative Calculation for Year of Marriage TotalsWK_89651 Shared Responsibility Payment WorksheetWK_89652 Flat Dollar Worksheet and Household Income WorksheetWK_89653 Affordability WorksheetWK_89654 Marketplace Affordability WorksheetWK_AUTO Auto ExpenseWK_CAPGN Capital Gains Tax worksheet – Form 2210, Schedule A1, Line 12WK_CARRY Carryovers to next YearWK_CCLMT Applying the Deduction Limits for Charitable ContributionsWK_CGTAX Qualified Dividends and Capital Gains Tax WorksheetWK_CLGY1 Figuring the Percentage of Tax-Free IncomeWK_CLGY2 Figuring the allowable Deduction for Schedule C ExpensesWK_CLGY3 Figuring the Allowable Deduction for Form 2106 ExpensesWK_CLGY4 Figuring Net Self-Employment Income for Schedule SE WK_CTC4 Taxable Earned IncomeWK_D Schedule D Tax WorksheetWK_D_CG Capital Loss CarryoverWK_D_J Schedule D Tax Worksheet for Schedule JWK_DEPL Oil and Gas Depletion WorksheetWK_E_2 Schedule E Worksheet, Indirect ExpensesWK_EIC Earned Income CreditWK_ES Estimated Tax for Next YearWK_EX SS Excess Social Security Tax WithheldWK_FAFSA FAFSA WorksheetWK_IPBAS Partner’s Adjusted BasisWK_IPRSK Partner’s At-Risk BasisWK_ISBAS Shareholder’s Adjusted BasisWK_ISRSK Shareholder’s At-Risk BasisWK_MSA MSA Contribution LimitsWK_NOL NOL Carryover/Carryback WorksheetWK_NOLCO NOL CarryoverWK_PMI Private Mortgage Insurance DeductionWK_REF State and Local Income Tax RefundWK_ROTH Maximum Roth IRA ContributionWK_SEHID Self-Employed Health Insurance DeductionWK_SEP Self-Employed Rate and Deduction for SEP ContributionsWK_SGR Simplified Method for Taxable RetirementWK_SLID Student Loan Interest DeductionWK_SSB Social Security Benefits WK_STDED Standard Deduction Worksheet for Dependents

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Quick Facts > Ability to e-mail returns to Support > Appointment Scheduler > Client Status Manager for client tracking > Customizable fiduciary and beneficiary transmittal letters > Data entry for partnership, S corporation, and other fiduciary K-1s > Data entry organized by different areas of return > Depreciation reports by activity > Diagnostic notes and EF message pages > Drake Document Manager included for paperless offices > Easy allocation of amounts to beneficiaries > e-File > E-mail alerts > Federal information flows to state returns > Group sales of depreciable assets > Import data with GruntWorx > Multi-Office Manager > Open state data entry screens from within federal data entry screens > Print estimate/extensions, federal, state, preparer, and client sets > Print labels > Print preparer and ERO signatures > Print return as PDF > Proformas > Setup options for all returns > Software updates delivered online > Standard and custom reporting options > State calculations included > Up to 1,000 beneficiaries supported > Update client data from year to year

Comprehensive Calculations > Adjusted Gross Income > Allocation of deductions to taxable and tax-exempt income > Alternative Minimum Tax > At-risk limitations > Carryovers > Estate Tax Deduction > Estimated tax > Foreign Tax Credit and AMT Foreign Tax Credits > Handles K-1 distributions and automatically computes beneficiary allocation percentages > Household employment taxes > Miscellaneous Deductions Subject to 2% Floor > NOL worksheet tracks net operating losses > Passive activities > Penalty > Supports grantor trusts with unlimited grantor statements > Suspended losses

Forms and Schedules56 Notice Concerning Fiduciary Relationship1041 Income Tax Return for Estates and Trusts1041_D Capital Gains and Losses1041_ES Summary of Estimates1041 K_1 Beneficiary’s Share of Income, Deductions, Credits, etc.1041_T Allocation of Estimated Tax Payments to Beneficiaries

1045 Application for Tentative Refund1116 Foreign Tax Credit2210 Underpayment of Estimated Tax2210F Underpayment of Estimated Tax by Farmers and Fishermen2439 Notice of Long-Term Capital Gains2848 Power of Attorney3115 Application for Change in Accounting Method3468 Investment Credit3800 General Business Credit4136 Credit for Federal Tax Paid on Fuels4255 Recapture of Investment Credit4562 Depreciation and Amortization4684 Casualties and Thefts4797 Sales of Business Property4952 Investment Interest Expense Deduction4970 Tax on Accumulation Distributions of Trusts4972 Tax on Lump-Sum Distributions5884 Work Opportunity Credit6198 At-Risk Limitations6252 Installment Sale Income6478 Credit for Alcohol Used as Fuel6765 Credit for Increasing Research Activities6781 Gains and Losses from Section 1256 Contracts and Straddles7004 Application for Automatic Extension8082 Notice of Inconsistent Treatment or Administrative Adjustment Request8275 Disclosure Statement8275_R Regulatory Disclosure Statement8453_F 1041 Declaration for an e-File Return8582 Passive Activity Loss Limitations8582_CR Passive Activity Credit8586 Low-Income Housing Credit8594 Asset Acquisition Statement8609 Low-Income Housing Certification8609_A Annual Statement for Low-Income Housing Credit8801 Credit for Prior Year Minimum Tax8820 Orphan Drug Credit8821 Tax Information Authorization8822 Change of Address8824 Like Kind Exchanges8826 Disabled Access Credit8829 Expenses for Business Use of Home8834 Qualified Electric Vehicle Credit8835 Renewable Electricity and Refined Production Credit8844 Empowerment Zone Credit8845 Indian Employment Credit8846 Credit for Employer Social Security and Medicare Taxes Paid8855 Election to Treat a Qualified Revocable Trust as Part of an Estate 8864 Biodiesel and Renewable Diesel Fuels Credit8874 New Markets Credit8879F IRS e-File Signature Authorization to e-File8881 Credit for Small Employer Pension Plan Startup Costs8882 Credit for Employer-Provided Childcare Facilities and Services8886 Reportable Transaction Disclosure8896 Low Sulfur Diesel Fuel Production Credit8903 Domestic Production Activities Deduction

Fiduciary Tax ReturnsForm 1041

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8907 Nonconventional Source Fuel Credit8908 Energy Efficient Home Credit8909 Energy Efficient Appliance Credit8910 Alternative Motor Vehicle Credit8911 Alternative Fuel Vehicle Refueling Property Credit8912 Credit to Holders of Tax Credit Bonds8936 Qualified Plug-in Electric Drive Motor Vehicle Credit8941 Credit for Small Employer Health Insurance Premiums8948 Preparer Explanation to Not File Electronically 8949 Sales and Other Dispositions of Capital Assets8960 Net Investment Income Tax – Individuals, Estates, and Trusts90221 Report of Foreign Bank and Financial AccountsK1FLIST 1041 K-1 ListingSch C Schedule C, Profit or Loss from BusinessSch C_EZ Schedule C-EZ, Net Profit from BusinessSch D Schedule D, Capital Gains and LossesSch E Schedule E, Supplemental Income and LossSch F Schedule F, Profit or Loss from FarmingSch H Schedule H, Household Employment TaxesSS_4 Application for Employer Identification Number

Worksheets and Attachments8582_PTP Publicly Traded Partnership WorksheetsCG_Loss Capital Loss Carryover Worksheet

SCH Submit Voluntary or Required Statement Attachments to Return WK_85821 Passive Loss #1 Worksheet, Lines 1A, 1B, and 1CWK_85823 Passive Loss #3 Worksheet, Lines 3A, 3B, and 3CWK_85824 Passive Loss #4 Worksheet, Lines 10, and 14WK_85825 Unallowed Losses WorksheetWK_85826 Passive Loss-Allowed Losses WorksheetWK_85827 Losses Reported on 2 or More SchedulesWK_AGI Adjusted Gross Income and Allowable Miscellaneous Deductions Subject to 2% Floor Worksheet WK_TAXEX Allocation of Deductions to Tax-Exempt Income WorksheetWK_FD Schedule D Tax WorksheetWK_K1 Income, Deductions, and Credit Flow to Individual K-1s WorksheetWK_NOL, NOL Carryover/Carryback WorksheetWK_QDIV Qualified Dividends Tax Worksheet– Schedule G, Line 1A

Other Forms Available1041_A Trust Accumulation of Charitable Amounts1041_J Accumulation Distribution for Certain Complex Trust3520A Annual Information Foreign Trust with U.S. Owner4255 Recapture of Investment Credit5227 Split-Interest Trust Information Return8832 Entity Classification Election8868 Application for Extension to File either Form 5227 or Form 1041-A3800CO General Business Credit Carryover Worksheet

Quick Facts > Custom recipient letter for all K-1s > Drake custom trial balance import module > Elections for 52-53-week year > Expense and Schedule M-1 or Schedule M-3 book-to-tax adjustments for credits > Export partner K-1s into 1040 package > Foreign address input, printing, and e-file > Hyperlinks from screen to screen for data entry > Import options from QuickBooks®

> Income and expense reporting from 1065 and 1041 K-1s > Information flows from Schedule K to Schedules K-1 automatically > Integrated state business software included > K-1 supplemental information > Override and adjustment mapping resource in FAQ > Partner special allocations allowed by dollar amount and percentage > Pre-defined IRC elections > Supports required schedules, worksheets, and statements > Unlimited number of ownership changes > Unused section 179 carryover worksheets

Comprehensive Calculations > 754 and COGS depreciation detail > Accumulated book or tax depreciation and amortization carried to Schedule L balance sheet > Automatic self-employment earnings calculations > Income and capital reconciliation for Schedules M-1 and M-3 > Schedule K-1 automatic calculations by activity > Schedule M-1, M-3, or Form 8916A adjustment made for book-to-tax

depreciation and amortization differences

> Total Asset Calculation for Schedule M-3 requirement > Weighted-average ownership calculations for profit, loss, and capital percentage changes during the tax year

e-File and 2D Barcode Features > EF_ACK, Acknowledgement and General Information for Entities That File Returns Electronically > e-File 52-53-week year returns > e-File amended Form 1065 > e-File available at no additional cost > e-File Form 7004 extension > e-File inactive returns > e-File PDF attachments > e-File short-year returns > Numerous reports available on e-filed returnsForms and Schedules 982 Reduction of Tax Due to Discharge of Indebtedness 1065 Partnership Income 1065B1 Information on Partners Owning 50% or More 1065_C Schedule C, Additional Information for Schedule M-3 1065_D Schedule D, Capital Gains and Losses 1065_K-1 Schedule K-1, Partner’s Share of Income 1065M_3 Net Income (Loss) Reconciliation for Certain Partnerships 1125_A Cost of Goods Sold 2848 Power of Attorney and Declaration of Representative 3115 Application for Change in Accounting 3468 Investment Credit 4136 Credit for Federal Tax Paid on Fuels 4255 Recapture of Investment Credit

Partnership Tax ReturnsForm 1065

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4562 Depreciation and Amortization4684 Casualties and Thefts4797 Sales of Business Property5884 Work Opportunity Credit6252 Installment Sale Income6478 Credit for Alcohol Used as Fuel6765 Credit for Increasing Research Activities6781 Gains and Losses from Section 1256 Contracts and Straddles7004 Application for Automatic Extension8027 Employer’s Tip Income and Allocated Tips8082 Notice of Inconsistent Treatment8283 Noncash Charitable Contributions8308 Report of a Sale or Exchange of Certain Partnership Interests8586 Low-Income Housing Credit8594 Asset Acquisition Statement Under Section 10608609 Low-Income Housing Certification8609_A Annual Statement for Low-Income Housing Credit 8611 Recapture of Low-Income Housing Credit 8697 Interest Computation Under the Look-Back Method8716 Election to Have Tax Year Other Than a Required Tax Year8752 Required Payment or Refund Under Section 75198804 Annual Return for Partnership Withholding Tax8805 Foreign Partner’s Information Statement, copies A, B, C, and D 8813 1065 Withholding Tax Payment Voucher8820 Orphan Drug Credit8821 Tax Information Authorization8822B Change of Address – Business8824 Like-Kind Exchanges8825 Rental Real Estate Income and Expenses of a Partnership or an S Corporation8826 Disabled Access Credit8832 Entity Classification Election8835 Renewable Electricity Production Credit8844 Employment Zone and Renewal Community Employment Credit8845 Indian Employment Credit8846 Credit for Employer Social Security & Medicare Taxes Paid on Employee Tips8864 Biodiesel and Renewable Diesel Fuels Credit 8866 Interest Computation Under the Look-Back Method 8873 Extraterritorial Income Exclusion 8874 New Markets Credit 8879PE IRS e-File Signature Authorization for 1065 8881 Credit for Small Employer Pension Plan Startup 8882 Credit for Employer-Provided Child Care Facilities 8883 Asset Allocation Statement Under Sec 338 8893 Election of Partnership Level Tax Treatment 8896 Low Sulfur Diesel Fuel Production Credit 8903 Domestic Production Activities Deduction 8908 Energy Efficient Home Credit 8910 Alternative Motor Vehicle Credit 8911 Alternative Fuel Vehicle Refueling Property Credit8912 Credit to Holders of Tax Credit Bonds 8916A Supplemental Attachment to Schedule M-3 8925 Report of Employer-Owned Life Insurance Contracts8932 Credit for Employer Differential Wage Payments 8941 Credit for Small Employer Health Insurance Premiums8949 Sales and Other Dispositions of Capital Assets

Schedule F Schedule F, Profit or Loss From Farming K1_179 Partner/Shareholder Sale of Section 179 Asset K1_3468 Investment Credit K1_8611 Shareholders/Partners Recapture of Low-Income Housing CreditK1_8903 Domestic Production Activities Deduction Schedule K Line 3a and 3b, Expenses from other Rental Activities

Worksheets and Attachments8283_ATT Noncash Charitable Contributions8825_ATT Rental Real Estate AdditionsATT_B4A Form 1065, Schedule B, Line 4aATT_B4B Form 1065, Schedule B, Line 4bATT_PSW Salaries and Wages AttachmentATT_PTL Taxes and Licenses AttachmentCOMPAREP 1065 Three-Year Tax Return ComparisonES_SUM State Summary of EstimatesK1_8825 K-1 Rental Real Estate ActivityK-1_ATT K-1 Overflow StatementsK1_BAS Business Activity Statement by PartnerK1PLIST 1065 K-1 ListingK1_OWN Changes in OwnershipWK_179 Section 179 Disposition StatementWK_1250 Unrecaptured Gain WorksheetWK_8941 Form 8941 WorksheetsWK_BAS Business Activity StatementWK_M2 Partners’ Capital Reconciliation WorksheetWK_M3 Adjusted Total Assets WorksheetWK_P179L Sec 179 Exp Business Income Limitation WorksheetWK_PBAS Partner’s Adjusted Basis WorksheetWK_PCAR Capital Account Reconciliation WorksheetWK_PCOMP K to K-1 Comparison WorksheetWK_POWN Changes in Ownership SummaryWK_S179 Qualified Disaster Assistance Section 179 PropertyWK_SE Net Earnings from Self-EmploymentDEPR_REC Depreciation ReconciliationBK~DEPR Depreciation Detail listing for BookWK_PROY Royalties Worksheet

Other Forms Available970 Application To Use LIFO Inventory Method

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Quick Facts > ACE depreciation worksheet automatically updates Form 4626 > Capital loss carryover worksheet > Carryover worksheet for unused tax credits, section 179 carryover, Section 1231 loss history, and prior-year AMT > Contribution carryover worksheet > Drake custom trial balance import module > Elections for 52-53-week year, other short-year > Expense and Schedule M-1 or Schedule M-3 book-to-tax adjustments for credits > Foreign address input, printing, and e-file > General business credit carryover worksheet > Hyperlinks from screen to screen for data entry > Income and expense reporting from 1065 > Integrated state business software included > NOL and AMT NOL Carryover worksheets > Option to import data from QuickBooks®

> Override and adjustment mapping resource in FAQ > Pre-defined IRC elections > Supports required schedules, worksheets, and statements

Comprehensive Calculations > Accumulated book or tax depreciation and amortization carried to Schedule L balance sheet > Alternative Minimum Tax > Amended returns > COGS depreciation detail > Dividends received deduction calculation > Personal holding company tax calculations > Personal service corporation tax calculation > Schedule M-1, M-3, or Form 8916A adjustment made for book-to-tax depreciation and amortization differences > Section 170 (d)(2)(B) calculations for unused contributions > Underpayment penalty calculations

e-File Features > Direct deposit and electronic withdrawal > EF_ACK, Acknowledgement and General Information for Entities That File Returns Electronically > e-File amended Form 1120 > e-File available at no additional cost > e-File Form 7004 extension > e-File PDF attachments > e-File short-year, 52-53-week year, and inactive returns > Numerous reports available on e-filed returns

Forms and Schedules851 Affiliations Schedule 966 Corporate Dissolution or Liquidation982 Reduction of Tax Due to Discharge of Indebtedness1118 Foreign Tax Credit – Corporations (and related schedules)1120 Corporation Income Tax Return1120C Income Tax Return for Cooperative Associations1120D Capital Gains and Losses1120H Homeowners Association Income Tax SCH G Certain Persons Owning Voting StockSCH N Foreign Operations of U.S. Corporations

SCH PH Schedule PH, Personal Holding Company Tax1120W Estimated Tax for Corporation1120X Amended Income Tax Return1122 Authorization and Consent of Subsidiary Corporation1125_A Cost of Goods Sold1125_E Compensation of Officers1139 Corporation Application for Tentative Refund2220 Underpayment of Corporation Estimated Tax2439 Notice to Shareholder of Undistributed Long-Term Capital Gains2553 Election by a Small Business Corporation2848 Power of Attorney and Declaration of Representative3115 Application for Change in Accounting Method3468 Investment Credit3800 General Business Credit4136 Credit for Federal Tax Paid on Fuels4255 Recapture of Investment Credit 4466 Application for Quick Refund of Overpayment of Estimated Tax4562 Depreciation and Amortization4626 Alternative Minimum Tax4684 Casualties and Thefts4797 Sales of Business Property5471 Information Return for a Foreign Corporation (and related schedules)5472 Foreign-Owned U.S. Corporation5884 Work Opportunity Credit6252 Installment Sale Income6478 Credit for Alcohol Used as Fuel6765 Credit for Increasing Research Activities6781 Gains and Losses From Section 1256 Contracts and Straddles7004 Application for Automatic Extension8027 Employer’s Tip Income and Allocated Tips8050 Direct Deposit of Corporate Tax Refund8082 Notice of Inconsistent Treatment8283 Noncash Charitable Contributions8586 Low-Income Housing Credit8594 Asset Acquisition Statement8609 Low-Income Housing Certificate8609_A Annual Statement of Low-Income Housing Credit8611 Recapture of Low-Income Housing Credit8697 Interest Computation Under the Look-Back Method8716 Election for Tax Year Other Than Required Tax Year8820 Orphan Drug Credit8821 Tax Information Authorization8822B Change of Address – Business8824 Like-Kind Exchanges8826 Disabled Access Credit8827 Credit for Prior Year Minimum Tax8832 Entity Classification Election 8835 Renewable Electricity and Refined Coal Production Credit8844 Empowerment Zone and Renewal Community Employment Credit8845 Indian Employment Credit8846 Credit for Employer Social Security and Medicare Taxes Paid on Employee Tips8864 Biodiesel and Renewable Diesel Fuels Credit 8866 Interest Computation Under the Look-Back Method8873 Extraterritorial Income Exclusion8874 New Markets Credit

Corporation Tax ReturnsForm 1120

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8878A e-File Electronic Funds Authorization Form 70048879C e-File Signature Authorization8881 Credit for Small Employer Pension Plan Startup Costs8882 Credit for Employer-Provided Childcare Facilities and Services8883 Asset Allocation Statement Under Section 3388896 Low Sulfur Diesel Fuel Production Credit8900 Qualified Railroad Track Maintenance Credit8903 Domestic Production Activities Deduction8906 Distilled Spirits Credit8908 Energy Efficient Home Credit8909 Energy Efficient Appliance Credit8910 Alternative Motor Vehicle Credit8911 Alternative Fuel Vehicle Refueling Property Credit8912 Credit to Holders of Tax Credit Bonds8916 Reconciliation of Schedule M-3 Taxable Income8916A Reconciliation of COGS Reported on Schedule M-38925 Report of Employer-Owned Life Insurance Contracts8932 Credit for Employer Differential Wage Payments8941 Credit for Small Employer Health Insurance Premiums8949 Sales and Other Dispositions of Capital AssetsPAYMENT ACH Payment for Direct DepositSCH O Consent Plan and Apportionment Schedule for a Controlled GroupSCH M-3 Schedule M-3, Net Income (Loss) ReconciliationUTP Uncertain Tax Position Statement

Worksheets and Attachments

3800CO General Business Credit Carryover WorksheetATT_D Unused Capital Loss CarryforwardATT_G1 Form 1120, Schedule G, Part I AttachmentATT_G2 Form 1120, Schedule G, Part II AttachmentATT_K5A Form 1120, Schedule K, Line 5a AttachmentATT_K5B Form 1120, Schedule K, Line 5b AttachmentATT_NOL Form 1120, Line 29A, NOL Deduction AttachmentCompareC 1120C Three-Year Tax Return ComparisonCompare 1120 Three-Year Tax Return Comparison CompareH 1120H Three-Year Tax Return ComparisonATT_CSW Salaries and Wages AttachmentATT_CTL Taxes and Licenses AttachmentES_SUM (1_4) Federal/State Summary of EstimatesWK_8941 Form 8941 WorksheetsWK_ACE Adjusted Current Earnings WorksheetWK_C179L Section 179 Limitations WorksheetWK_CNTRB Contribution Limitations WorksheetWK_CO Carryover/Carryforward WorksheetWK_DRD Dividends Received Deduction WorksheetWK_S179 Qualified Disaster Assistance Section 179 PropertyWK_TAX Tax Computation WorksheetBK~DEPR Depreciation Detail listing for BookDEPR_REC Depreciation Reconciliation

Quick Facts > Custom and global K-1 recipient letters > Drake custom trial balance import module > Elections for 52-53-week year, other short-year > Expense and Schedule M-1 or Schedule M-3 book-to-tax adjustments for credits > Export shareholder K-1s into 1040 package > Foreign address input, printing, and e-file > Hyperlinks from screen to screen for data entry > Import from QuickBooks®

> Income and expense reporting from 1065 and 1041 K-1s > Information flows from Schedule K to Schedule K-1 automatically > Integrated state business software included > K-1 supplemental information for all shareholders > Override and adjustment mapping resource in FAQ > Pre-defined IRC elections > Shareholder distribution worksheets > Supplemental information screens for Schedule L > Supports required schedules, worksheets, and statements > Unlimited number of ownership changes > Unused section 179 carryover worksheets

Comprehensive Calculations > Accumulated book or tax depreciation and amortization carried to Schedule L balance sheet > Built-in capital gains tax > COGS depreciation detail > Excess net passive income tax

> Income and capital reconciliation for Schedules M-1 and M-3 > Schedule M-1, M-3, or Form 8916A adjustment made for book-to-tax depreciation and amortization differences > Weighted average ownership calculations for changes in ownership

e-File and 2D Barcode Features > Direct deposit and electronic withdrawal > EF_ACK, Acknowledgement and General Information for Entities That File Returns Electronically > e-File 52-53-week year returns > e-File amended Form 1120S > e-File available at no additional cost > e-File Form 7004 extension > e-File inactive returns > e-File PDF attachments > e-File short-year returns > Numerous reports available on e-filed returns

Forms and Schedules966 Corporate Dissolution or Liquidation982 Reduction of Tax Due to Discharge of Indebtedness1120S S corporation Tax Return1120S_D S corporation Capital Gains Losses and Built-In Gains1120SK_1 Shareholder’s Share of Income, Deductions, Credits, etc.1125_A Cost of Goods Sold2220 Underpayment of Estimated Tax by Corporations2439 Notice of Long-Term Capital Gains2553 Election by a Small Business Corporation

S Corporation Tax ReturnsForm 1120S

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2848 Power of Attorney and Declaration of Representative3115 Application for Change in Accounting Method3468 Investment Credit4136 Credit for Federal Tax Paid on Fuels4255 Recapture of Investment Credit4562 Depreciation and Amortization4684 Casualties and Thefts4797 Sales of Business Property5471 Information Return of US Persons With Respect to Certain Foreign Corportions5884 Work Opportunity Credit6252 Installment Sale Income6478 Credit for Alcohol Used as Fuel6765 Credit for Increasing Research Activities6781 Gains and Losses From Section 1256 Contracts and Straddles7004 Application for Automatic Extension 8027 Employer’s Tip Income and Allocated Tips8050 Direct Deposit of Corporate Tax Refund8082 Notice of Inconsistent Treatment8283 Noncash Charitable Contributions8586 Low-Income Housing Credit8594 Asset Acquisition Statement Under Section 10608609 Low-Income Housing Certificate8609_A Annual Statement Low-Income Housing Credit 8611 Recapture of Low-Income Housing Credit8697 Interest Computation Under the Look-Back Method for Completed Long-Term Contracts8716 Election for Tax Year Other Than Required Tax Year8752 Required Payment for Refund Under Section 75198820 Orphan Drug Credit8821 Tax Information Authorization8822B Change of Address – Business8824 Like-Kind Exchanges8825 Rental Real Estate Income and Expenses8825_ATT Rental Real Estate Additional Information8826 Disabled Access Credit8832 Entity Classification Election 8835 Renewable Electricity and Refined Coal Production Credit8844 Empowerment Zone and Renewal Community Employment Credit8845 Indian Employment Credit8846 Credit for Employer Social Security and Medicare Taxes Paid on Employee Tips8864 Biodiesel and Renewable Diesel Fuels Credit8866 Interest Computation Under the Look-Back Method8873 Extraterritorial Income Exclusion8874 New Markets Credit8878A e-File Electronic Funds Auth Form 70048879S e-File Signature Authorization8881 Credit for Small Employer Pension Plan Startup Costs8882 Credit for Employer-Provided Childcare Facilities and Services8883 Asset Allocation Statement 8896 Low Sulfur Diesel Fuel Production Credit8903 Domestic Production Activities Deduction8908 Energy Efficient Home Credit8910 Alternative Motor Vehicle Credit8911 Alternative Fuel Vehicle Refueling Property Credit8912 Credit to Holders of Tax Credit Bonds

8916_A Reconciliation of COGS Reported on Schedule M-38925 Report of Employer-Owned Life Insurance Contacts8932 Credit for Employer Differential Wage Payments8941 Credit for Small Employer Health Insurance Premiums8949 Sales and Other Dispositions of Capital AssetsK1S_LIST K-1 ListingPAYMENT ACH Payment for Direct DebitRENT Schedule K, Expenses from Other Rental Activities SCH M-3 Schedule M-3, Net Income Reconciliation for S CorporationsSch N Foreign Operations of U.S. Corporations

Worksheets, Attachments, and Other Forms AvailableATT_SSW Salaries and Wages AttachmentATT_STL Taxes and Licenses AttachmentCOMPARES 1120S Three-Year Tax Return Comparison DIST Distribution RecordES_SUM (1-4) Federal/State Summary of EstimatesK1_179 Partner/Shareholder Sale of Section 179 AssetK1_3468 Investment CreditK1_8611 Shareholders/Partners Recapture of Low-Income Housing CreditK1_8825 K-1 Rental Real Estate ActivityK1_8903 Domestic Production Activities Deduction Shareholder Information K1_BASS Business Activity Statement by ShareholderK1_Dist Shareholder Distribution RecordK1_OWN Changes in OwnershipWK_1250 Unrecaptured Gain WorksheetWK_179 Section 179 Disposition Statement for Entity and ShareholdersWK_8941 Form 8941 WorksheetsWK_BASS SBS Business Activity StatementWK_ M2 AAA/Retained Earnings Reconciliation WorksheetWK_NPIT Excess Net Passive Income Tax WK_S179 Qualified Disaster Assistance Section 179 PropertyWK_S179L Business Income Limitation WorksheetWK_SBAS Shareholder Adjusted BasisWK_SCOMP K to K-1 Comparison WorksheetWK_SOWN Changes in Ownership SummaryDEPR_REC Depreciation ReconciliationBK~DEPR Depreciation Detail Listing for BookWK_SROY Royalties Worksheet

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Drake Software > 235 East Palmer Street > Franklin, NC 28734800.890.9500 > Fax 828.369.9928 > Sales@DrakeSoftware.com > DrakeSoftware.com

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