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Article #: 10064
Make business return elections on screen ELEC by selecting the type of Election and completing all other applicable fields. To make multiple elections, press the Page Down key for a new screen.
Press F1 in any field to learn if a field is required for your selection and the type of information that may be needed.
A description of Return Elections is available through the List of Elections link in the upper-left corner of Screen Help. (Right-click on the screen and select Screen Help.)
Once an election is made, calculate the return and look for Statement #ELXX, where XX is the number of the election. For example, election 01 (General Election Statement) is generated as Statement #EL01.
Note The election is printed with other statements unless you choose to print each statement on a different page: Setup > Options > Calculation & View/Print > Print Only One Overflow Statement Per Page.
For tax-year elections, see Drake Tax – Short Year Return.
See Drake Tax – 1040: Elections for individual return information.