cowboys15
Level 2
05-20-2020
01:38 PM
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I have client that received K1 from S Corp. Line 17 D shows an amount with the explanation "form 3468 Line 12B Basis Property for Solar. How do I enter this on Lacerte (1040) in order to see the credit?
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George4Tacks
Level 15
05-20-2020
04:06 PM
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Go to Forms View > Find 3468, Line 12b > Right click that line > Select "Jump to Input"
That should get you to Screen 34 > Investment Credit > Energy Credit > Basis for property ....
FYI - @IntuitBettyJo can add https://accountants-community.intuit.com/articles/1609726&src=lscosi to list of broken links that jump from the FAQ in Screen 34
Here's wishing you many Happy Returns
