Drake Tax – 1120/1120-S/1065: M-1, M-3, and 8916-A Overrides

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Article #: 12273

The program makes an adjustment for book-to-tax depreciation differences based on the other entries that you have made in the return. See the field help (F1) at the listed override locations for more information.

1120 Returns

  • M-1, line 5a – override available on the M1 screen.

  • M-1, line 8a – override available on the M1 screen.

  • M-3, Part III, line 31 – override available on the M33 screen.

  • 8916-A, line 2l – override available on the 916A screen.

1120-S Returns

  • M-1, line 3a – override available on the M1 screen.

  • Schedule M-1, line 6a – override available on the M1 screen.

  • M-3, Part III, line 24 – override available on the M33 screen.

  • 8916-A, line 2l – override available on the 8916 screen.

1065 Returns

  • Schedule M-1, line 4a – override available on the M1 screen.

  • Schedule M-1, line 7a – override available on the M1 screen.

  • Schedule M-3, Part III, line 25 – override available on the M33 screen.

  • Form 8916-A, line 2l – override available on the 8916 screen.