Select the applicable module below for instructions on entering Form 8826, Disabled Access Credit in Lacerte.
Partnership
Follow these steps to generate Form 8826 in the Partnership module:
- Go to Screen 20, Credits.
- Select Other Credits from the top-left navigation panel.
- Scroll down to the Disabled Access Credit (8826) section.
- You may also select this section from the lower-left Sections list.
- Enter the Eligible access expenditures.
- This amount prints on Form 8826, Part I, line 1.
- The partner's share of this credit flows to the Schedule K-1, box 15 with a code L.
Part II doesn't apply to a partnership. If the credit is being passed through from another entity, enter the amounts on Screen 23, Passthrough K-1's.
Individual
Follow these steps to generate Form 8826 in the Individual module:
- Go to Screen 34, General Bus. & Passive Act. Credits.
- Enter the Total eligible disabled access expenditures.
How do I enter a disabled access credit from a K-1?
If your client's only source of this credit is from a passthrough entity, Form 8826 isn't required, and any allowed credit will flow to Form 3800.
- If the credit is from a partnership K-1, enter it on Screen 20.1, Partnership Information in the Line 15 - Credits and Withholding table.
- If the credit is from an S corporation, enter it on Screen 20.2, S Corporation Information in the Line 13 - Credits and Withholding table.
If the credit isn't flowing to the 1040, check the 8582-CR and worksheets to see if the credit was limited.
