Index 209. Index. Numerics

Transcription

1 Index 209 Index Numerics 1040 Data Entry 2005 Estimated Taxes, Options, 55 Additional Child Tax Credit, 67 Additional Taxes, 68 Adjusted Gross Income, 64 Alternative Minimum Tax, 67 Amended Returns, 69 Assets, 60 Banking, 72 Capital Gains and Carryovers, 64 Child and Dependent Care Expenses, 67 Child Tax Credit, 67 Clergy, 65 Combat Pay and EIC, 69 Demographic Information, 53 Dependent of Another, 55 Dependents, 55 Dividend & Interest Income, Schedule B, 58 Earned Income Credit, 68 Education Credits, 67 Educator Expenses, 65 Electronic Filing and Banking, 71 Electronic funds withdrawal, 73 Entering 1099s, 58 Entering W2s, 57 Estimated Taxes, 55 Exemptions, 55 Extensions, 69 Fee Override, 55 Force Itemized/Force Standard, 66 Group Sales, 62 Income, 56 Installment Sales, 62 IRA Contributions, 66 IRAs and Savings Accounts, 66 IRS Penalty Computation, 66 Itemized or Standard Deduction, 66 Like-Kind Exchange, 62 Options, 54 Other Taxes, 67 Passive activity Sale, 62 Payment Options, 73 Payments, 68 Recapture, 61 Rental Income, 59 Retirement Income, 58 Roth IRAs, 66 Sale of Assets, 62 SE Health Insurance, 65 Section 179 Expense, 63 Self- Employment Adjustment, 67 Self-Employed Health Insurance Deduction, 65 Self-Employed Income, 59 Self-Employed Pensions, 66 Self-Employment Adjustments, 65 Student Loan Interest Deduction, 65 Taxes and Credits, 66 Tuition and Fees Deduction, 65 Underpayment of Estimated Tax, 68 Unemployment Compensation, Data Entry, 53 Acknowledgements, 34 Adjustments to Return Calculations, 52 Adjustments, 189 Admin Password, 22 Adobe Acrobat Reader Installation, 25 After-Season Letters, 8, 146 Amortization, 60 Apply for Bank Products, 166 A

2 210 Index Backup and Restore, 150 Backup, 151 Bank One Support, 164, 187 Bank Products Applications Requirements, 121 Bank and EF Fees, 30 Direct Deposit, 165 General Eligibility Requirements, 166 Paperwork Required, 168 RAL, 165 Refund Transfer/Bonus, 165 Stored Value/Debit Cards, 165 Tracking, 169 Bank Products, 165 Bank Support, 164 Banking Bank Providers, 163 Bank Support, 164 Check Register, 169 Check Stock, 167 Crucial Information, 168 Direct Deposit Update, 170 Lost of Stolen Bank Checks, 170 Post Season Procedures, 168 Print Checks, 167 Reprint Process, 172 The RAL Process, 168 Troubleshooting, 170 Banking, 163 Broadcast s, 178, 182 B C Calculator, 52 Cancel a RAL, 170 Change File Type, 155 Change SSNs on File, 154 Checklist, 3 City Codes, 51 City Tax Rates, 160 Clear BBS Files, 156 Client Bill, 73 Client Bills, 42 Client Files Update, 7 Client Letters, 42 Client Status Manager Column Views, 129 Multiple offices, 127 Return Status, 128 Speed Buttons, 128 Client Status Manager, 127 Client Write-up, 160 Colors Setup, 44 Commonly Used Codes, 51 Configurations Update, 6 Configurations, 34 Contact Information Drake State Support, 185 Drake Support, 185 Drake, 4 State, 3 Cover Letter for Fax, 188 Create a New Return, 46 Create a Printed Manual from Help, 182 Customize Security Setup, 32 Data Entry Navigation, 189 Shortcuts, 49 Tips, 51 Data Entry Selection Menu, 18 Data Entry, 48, 88 Declaration Control Numbers ( DCN s), 28 Decrypting, 158 Delete a Data Entry Screen, 49 Delete Client Files, 156 Delete Files, 155 Delete Print Files, 156 Demographic Information, 53 Depreciation Section 179 expense, 63 Direct Data Entry, 88 Direct Deposit D

3 Index 211 Federal, 72 State, 73 Direct State, 76 Directories/Paths Setup, 34 Drake Document Manager Integration with Drake Software, 137 PDF 995 Installation, 25 Scanning Documents, 137 Technical Requirements, 137 Working with Documents, 137 Drake Document Manager, 133 Drake Tax Planner File Maintenance, 142 Planning Preferences, 141 Reports, 142 Setup, 138 Drake Tax Planner, 138 Drive Letter for CD, 34 Drop-Down Menu, 18 Prepare the Transmission, 106 Prepare to Transmit, 107 Process acks, 109 Receive and Transmit, 107 Service Center, 121 State EF Application Requirements, 121 Test Transmissions, 109 Transmit, 107 Electronic Filing, 105 Electronic Return Originator (ERO), 105 Addresses Support, 185 , 160, 178 Encrypting, 157 Envelopes, 10, 147 ETIN, 105 Export Client Data, 153 Export EF Data, 154 Export Files, 153 E Edit the EIN Database Add a New Record, 149 Print a List of EINs, 149 Edit the EIN Database, 148 EF 8453, , 79 Maximum states, 76 EF Data, 34 EF Ready, 77 Efile New for 2005, 1 EFIN, 105 EIN Database Update, 6 EIN Database, 49 Electronic Filing Apply for an EFIN or ETIN, 105 Bank Products/Applications Requirements, 121 Before Electronic Filing, 106 Electronic Return Originator (ERO), 105 New EFIN, 110 Fax Cover Letter for Support, 188 Fax Support, 178 Forum/Message Board, 177, 180 Grid Data Entry, 17 F G H Heads Down Data Entry, 88 Help System Print the Help System, 182 Help System, 177, 181 Help, 49 Home Screen, 13 Hot Keys, 50, 189

4 212 Index Imperfect Return Election, 2 Installation Adobe Acrobat Reader, 25 Internet Explorer, 24 Networks, 22 Installation, 19, 20 IRAL, 165 I K Keyboard Keys, 189 Keyboard, 15 Keywords Client Reports, 193 EF Reports, 199 Letters, 204 Knowledge Base, 177, 178 Navigate Return Data Entry, 189 Navigation Accessing States, 17 Flow of Commands, 18 Grid Data Entry, 17 Keyboard, 15 Mouse, 15 Reset, 17 Saving & Exiting 17 Toolbar, 16 Navigation, 13, 15 Networks Installation, 22 New Electronic Return Originators, 3 New for 2005, 1 New Return, 46 New Screens, 3 Notes, 84 N L Labels, 9, 147 Last Year s Data Update, 6 Letterhead Setup, 42 Letters If Statements, 43 Keywords, 43 Letters, 8, 146, 204 Lost or Stolen Checks, 170 M Macros Setup, 42 Macros, 51 Mailing Labels, 9, 147 Menu Bar, 18 Messages, 84 MFJ to MFS Split, 50 Miscellaneous Data Entry Tips, 51 Modems, 20 Mouse, 15 Multi-Office Manager, 177 O Online EF Database, 177 Online State Database, 177, 180 Open a Return Update a Prior Year Return 47 Open a Return, 45 Opportunity Payments for Preparers, 164 Options Setup, 36 Organizers, 7 Overrides and Adjustments to Return Calculations, 52 Overrides and Adjustments, 189 Page-down for Additional Forms, 52 Paperless e-filing, 74 Paperwork for each Bank Product, 168 Password Setup, 22 PDF PDF995, 25 PDF Reader, 25 P

5 Index 213 PDF995 Reader, 25 PDF995, 25 Per-Item Charges, 41 Phone Support, 178 Piggyback states, 76 PIN PIN for 1040, 74 PIN for 2350/9465/56, 74 PIN for 4868, 74 PIN, 74 Pop-Up Calculator, 52 Post Season Procedures Return Completed Bank Applications, 168 Returning Check Stock, 168 Post Season Procedures, 168 Practice Returns, 177, 181 Preparer Information Alternative PIN, 79 Other Firms, 80 Third Party Designee, 79 Preparer Information, 79 Preparer number, 51 Pre-Season Contacts, 3 Letters, 8, 146 Pre-Season Preparation, 1 Pricing on the Fly, 41 Pricing, 40, 41 Print List of EINs, 149 Print a List of EINs, 149 Print a Return, 85 Print Envelopes, 10, 147 Printer Dialog Box, 41, 84 Printers, 20 Privacy Policy, 8, 146 Proformas and Organizers, 7 Proformas, 88 Protect Files, 156 Quickbooks Import Import into Drake, 158 Prepare the File, 158 Quickbooks Import, 158 RAL, 165 Recommended Specifications, 19, 20 Reissue Bank Check, 171 Repair Index Files, 145 Reports Client vs. EF, 173 Custom Query Tool, 174 Custom, 174 Customize Reports, 174 Report Viewer, 175 Standard Reports, 173 Standard, 173 Reports, 173 Required System Specifications, 19 Restore, 150, 152 Result Letters, 8, 146 Return Practice, 181 Return Data Entry Navigation, 189 Return Preparation FAQ Screen 71 Heads Down Data Entry, 88 Open a Return, 45 Part-year Return 71 Practice Returns, 87 Print, 85 State Data 71 Test Returns, 46 View, 84 Return Preparation, 45 RIA Checkpoint Online, 177, 179 R Query Editing, 174 Quick Estimator, 160 Q Scheduler S