Drake Tax - PA: RCT 101

Article #: 14664

Last Updated: December 05, 2024

 

Tags: Drake Tax 1120S

Drake Tax logo

How to generate a PA RCT 101

The RCT 101 only generates in an 1120-S when one of the following is true:

  • There are built-in gains (per the instructions).

  • PA screen 101 has the check box marked Produce RCT Series returns even though there are no built-in Gains.

See the PA Instructions for more information.

Note  The RCT 101 does not generate at all in a 1040 or 1065 per Pennsylvania guidelines.