1040-DR (Desktop) | Recovery Rebate Credit (RRC)

Owned by Sigma Tax Pro
Dec 20, 2022
2 min read

If a taxpayer is eligible for recovery rebate credit and they want to report that on the software, you can find that under Credits.

 

If you’re using Data Entry Mode which looks like this:

1- Type RRC in the search bar, or click the Credits tab, then choose Recovery Rebate Program

(You may find 2 tabs for Credits. Search both)

2- Enter the amounts accordingly and answer the U.S. Armed Forces question.

 

Drake will calculate the Recovery Rebate Credit and view the result on the Wks Recovery Rebate (Recovery Rebate Worksheet) which can be accessed from view mode as shown below:

The Worksheet will show the results in their designated fields as illustrated below:
(EIP 1 = First Stimulus Check Amount)
(EIP 2 = Second Stimulus Check Amount)

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