Drake Tax - 1040: EF Message 5004

How to clear EF Message 5004 with 401k contributions on the taxpayer’s W2

To clear EF Message 5004:

1. In data entry, open the 8880 screen, located on the second Credits tab.

2. If there were current year distributions, enter the amount on the current-year line (line beneath line 4) for taxpayer (and spouse if needed).

• If no distributions were made, enter 0 (zero) on the current-year line.