Generate Vouchers

On the ES screen:

• The program automatically generates federal estimated tax payment vouchers when they are required - for instance, when the taxpayer has a balance due of $1,000 or more - unless you choose to not generate the vouchers.

  • You can opt to not generate the vouchers globally. Go to Setup > Options > Form & Schedule Options, and select Print ES voucher only when screen ES indicates. If this option is checked, estimates must be generated manually by making entries on the ES screen in each return for which estimates are needed.

  • You can choose to generate a set of blank vouchers on a return-by-return basis. On the ES screen, choose P in the ES Code drop-down field.

    Note  Blank vouchers are not allowed for some states. See Drake Tax - State Returns - Blank Estimated Tax Vouchers Not Allowed for a listing of states.

• If you are not filing all four quarterly vouchers - for instance, if filing too late to pay first quarter payment - the program now adds the amount of the missed payment to the next available voucher. Enter 0 in the Estimate amt voucher field for quarter the payment was not made.

• The adjustment field Increase/Decrease calculated estimates by is available on the ES screen - this field allows you to increase or decrease the calculated amount on which the four estimated tax payments are based.

Payments Made

1040, 1041, 1120

• Enter payments on the ES screen.

• Enter any overpayment, and then, by quarter, any estimated payments made. If the dates the payments were made differ from the standard dates, enter them here also.

1065

• Federal ES payments would be made through partners’ individual 1040 returns. There is not a location to enter federal ES payments in the 1065 return.

1120-S

• Enter on one of the following screens:

  • ES

  • 4

  • 2220

ES Codes

Code	Result
(blank)	The program determines whether or not vouchers are due.
P	vouchers generated with no dollar amounts (note: some states will not allow vouchers without amounts to print due to 2D bar coding requirements).
D	vouchers generated with payments rounded to the nearest $1.
X	vouchers generated with payments rounded to the nearest $5.
T	vouchers generated with payments rounded to the nearest $10.
F	vouchers generated with payments rounded to the nearest $25.
H	vouchers generated with payments rounded to the nearest $100.
N	prevents vouchers from being printed (1040 package only).
M	vouchers generated with payments rounded to the nearest $1000 (1041 package only).

Text Missing

If the voucher is printing without any text at the bottom, you may not have the necessary fonts installed on your computer. To install the needed fonts, go to Tools > Install Fonts and select Install Windows Fonts. You may need to restart your computer after installing the missing fonts. After installing the fonts, be sure to re-calculate the return.

If this still does not fix the printing issue, you may need to install an additional font. To do so, go to C:\DrakeYY\FONT folder (substituting C for the drive on which Drake Tax is installed and YY for the year of Drake Tax). Locate the OCRA10.TTF file, right click and choose Install.

Also see Drake Tax - Vouchers or Extensions - Text Missing, Strange Characters, or Amounts Differ for other common issues.