This article will show you how to generate Form 8859, Carryforward of the District of Columbia First-Time Homebuyer Credit, in the Individual return.
Refer to the IRS Instructions for Form 8859 for more information.
To generate Form 8859 in the program:
- Go to Input Return ⮕ Credits ⮕ CTC, EIC, Oth Credits.
- Select the Less Common Scenarios tab.
- Scroll down to the Other Credits section.
- Enter the DC first-time homebuyer credit carryover (8859) field.