Recovery Rebate Credit, EIC, and CTC (Drake20)



Recovery Rebate Credit, EIC, and CTC

 

Drake Tax now has new fields for reporting Economic Impact Payments (EIP) and Recovery Rebate Credits (RRC), available to eligible taxpayers for the 2020 tax year. See Related Links below for details on the requirements and data entry. 

Methods for calculating the Earned Income Credit (EIC) and Child Tax Credit (CTC) have also changed. See Related Links below for details on the requirements and data entry.