When estimated tax vouchers are produced for a taxpayer, the voucher amounts are carried forward to the Estimated Taxes Already Paid for This Year section of the ES screen when the return is updated to the next tax year.

The amounts carried forward are based on the estimated tax vouchers produced in the prior-year return. Because Drake Tax does not know whether the taxpayer actually made those payments, the amounts are flagged for review.

Review the amounts on screen ESand update them as needed. If an estimated payment was not made, remove the amount. If the taxpayer paid a different amount, enter the amount actually paid.

Estimated payment vouchers may be generated automatically when required. See Drake Tax - Printing Estimate Vouchers and Entering Estimates Paid for more information.

Setup Option

A global setup option is available at Setup > Options > Form and Schedule Options > Print ES vouchers only when screen ES indicates.

When this option is selected, estimated tax vouchers are generated only when entries on screen ES indicate that vouchers should be produced, such as a selection from the ES Code drop list or an amount entered in the Estimate amt column.

Amounts printed on estimated tax vouchers in the prior-year return are carried forward to screen ES when the return is updated to the next tax year, regardless of the prior-year selection for this setup option.