Drake Tax - 1040: Return Note 478 - Form 4137
Article #: 14221
Last Updated: October 21, 2024
Note 478 generates when there is an entry on either the Soc Sec tips or Allocated tips line(s) of the W2 screen.
This note indicates that if any adjustments need to be made to the amount of allocated tips entered, those adjustments can be made on the 4137 screen.
Note The Tips received and Tips reported fields are adjustment fields. A positive entry will increase the amount that automatically generates based on the W2 screen data entry, while a negative entry will decrease the amount that automatically generates based on the W2 screen data entry.
Tip Note 478 will not prevent e-filing of the tax return.