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Form 8990 Addition

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Form 8990 Addition

mfriedman

Form 8990 is associated with Individual Returns where the taxpayer receives a K-1 from a Partnership for Business Interest or Excess Interest.  This form is currently unavailable in ProSeries Professional which is most curious.  My suggestion is simply to add this form in future years.

Thanks for the idea. We are changing the status to "Open for voting" since it is no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Getting Started Guide for more information.

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4 Comments
mcisom
Level 1

Why do we pay for Proseries if it doesn't have all the forms that we need to prepare an accurate return?

I can't believe that Lacerte has the Form 8990 in the Form 1040 program, but Proseries doesn't.

I guess after using Proseries for over 30 years it's time for me to find a better product!

 

sjrcpa
Level 15

Lacerte costs a lot more than ProSeries, too.

And how many of your 1040s actually need the 8990?

ShortStuff
Level 2

It doesn't matter how many. The 8990 is a complicated tedious form. I dumped a client for 2021 because of his predilection for  investing in PTP's among other higher end investments. I am having to prepare 8990 by PDF and upload for efiling. 

IntuitGabiU
Moderator
Moderator
Status changed to: Open for voting

Thanks for the idea. We are changing the status to "Open for voting" since it is no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Getting Started Guide for more information.

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