Common questions about general business credits in Lacerte

Below are solutions to frequently asked questions about entering Form 3800, General Business Credits.

Where do I enter carryovers from other years?

To enter passive activity credit carryovers:

1. Go to Screen 34, General Business and Vehicle Credits.
2. Select the Form the carryovers should be linked to.
3. Scroll down to the Prior Year Unallowed Credits section.
4. If the credit is listed here, enter the amount in the appropriate field. Otherwise, scroll to the Other Passive Credit Carryovers section and select the Credit type from the list.

To enter business credit carryforwards and carrybacks:

1. Go to Screen 34, General Business and Vehicle Credits.
2. Click on the Carryovers/Misc. Info link at the top left of your screen.
3. Scroll down to the Business Credit Carryforwards and Carrybacks (3800) section.
4. Select the Credit Type (Ctrl+T).
5. Enter the carryforward or carryback amount in the appropriate column.

Where do I enter general business credits for an individual return?

Most general business credits can be entered directly and aggregated from passthrough K-1 inputs. To find input sources for a particular credit:

1. Go to the Forms tab.
2. Open Form 3800 and scroll to page 3.
3. Locate the line for the credit you need.
4. Right-click in the amount column of that line.
5. Select Jump-to-input.