Drake Tax - 1040: Return Note 478 - Form 4137

Article #: 14221

Last Updated: October 18, 2024

 


Tags: Drake Tax W2

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Return Note 478

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.