This article is for federal form-level help. Use the table of contents to jump to the tax module you're working on, and you can find the relevant form within that section.
Table of contents:
| ‣ Individual |
| ↳ 1040NR |
| ‣ Partnership |
| ‣ S corporation |
| ‣ Corporation |
| ‣ Fiduciary |
Individual
Form 8949
Page 1
(Box A)
Form not generating? Wanting to display all dispositions? Want See Attached Statement to show? Form 8949 isn't required for certain dispositions. A per-tax-type option is available within the program options in the Settings dropdown menu. To view these, select the Tax Return tab. Within the Federal Tax Options, locate the option to Report All Assets on Form 8949.
The individual override for this option is located on Screen 17.1 Dispositions, within the Carryovers/Misc sunscreen. You can also access this screen by clicking the Carryovers/Misc Info link available in left navigation panel: Print all assets on Form 8949: 1=yes, 2=no [O]
Line 1(f)
Code X: You can exclude all or part of your gain under the rules explained in the Schedule D Instructions for DC Zone assets or qualified community assets. Report the sale or exchange on Form 8949 as you would if you weren't taking the exclusion. Enter the amount of the exclusion as a negative number (in parentheses) in column (g).
Page 2
(Box D)
Form not generating? Wanting to display all dispositions? Want to See Attached Statement to show? Form 8949 isn't required for certain dispositions. A per-tax-type option is available within the program options available in the Settings dropdown menu. To view these, select the Tax Return tab. Within the Federal Tax Options, locate the option to Report All Assets on Form 8949.
The Individual override for this option is located on Screen 17.1 Dispositions, within the Carryovers/Misc sunscreen. You can also access this screen by clicking the Carryovers/Misc Info link available in left navigation panel: Print all assets on Form 8949: 1=yes, 2=no [O]
Line 1(g)
Code X: You can exclude all or part of your gain under the rules explained in the Schedule D Instructions for DC Zone assets or qualified community assets. Report the sale or exchange on Form 8949 as you would if you weren't taking the exclusion. Enter the amount of the exclusion as a negative number (in parentheses) in column (g).
Form 8936
To generate form:
If the form is not generating, make sure the taxpayer has income. Without income, the Form will populate but not generate.
Form 8594
Page 2, Part III
How do I complete this section? This Supplemental Statement section of Form 8594 will only populate when amending the return. To generate these fields, make sure the Federal has been marked to amend in Screen 59, Amended Return (1040X)/Superseded Return).
Form 8959
Line 1
If there are inputs that show on Line 5 of the W-2 but do not show here, check for sourcing that prevents the Federal calculation. Use Jump to Input to review that the input entered are being assigned as US.
Form 1040NR
Page 2, Line 25(g)
Line 25g In addition to Jump to Input, you can go to Screen 58.2 and under Foreign Person's U.S. Source Income Subject to Withholding section, enter an amount in the (10) Total withholding credit.
Form 965-A
Line 1 (b)
How to generate the form: Use Jump to Input from Part 1 Line 1b of the form or go to Screen 45 Other Taxes at the Detail tab and under the Original Prior Year 965 Tax Liabilities section, enter the Tax Year of the net Liability, then enter the applicable amounts. If the form doesn’t generate, make sure the Net Liability with all 965 amounts is greater than the Net Tax Liability without 965 amounts. If the form still does not generate check the amounts entered in the Record of Amount of Net 965 Tax Liability Paid by the Taxpayer in Part II for the applicable year and the amount entered in Part I, line 1(j). If the amount transferred out plus amount paid exceeds the Part I line 1(f) amount, the form will not generate.
Sch. SE
Line 2
Schedule C net profit or loss on the Schedule SE will not appear if Screen 10 Wages, Box 13 for a Statutory employee is checked and a Schedule C name or number is selected in the same section of Screen 10. In this instance, the taxpayer is regarded as an employee and as a result not subject to self-employment taxes.
Form 3800
Page 3, HDI
To generate amounts from Passthrough's, the check box "Treat as eligible small business" on the Partnership Information screen, under the line 15 section, or on the S Corporation Information screen, under the line 13 section will need to be checked for each activity that should be contributing a credit.
Form 8824
Page 2, Line 24
Part IV not supported by Lacerte.
Form 8995, Sch. A, 8995-A
Line 2
If you're wondering why the allocated deduction for self-employed pensions on line 2 of federal form 8995 is different from the amount on Schedule 1 Line 15, refer to the Tax Cuts and Jobs Act, Provision 11011 Section 199A - Qualified Business Income Deduction FAQs on the IRS website. (https://www.IRS.gov/es/newsroom/tax-cuts-and-jobsact-provision-11011-section-199a-qualified-businessincome-deduction-faqs) According to this provision, the deduction for contributions to qualified retirement plans under section 404 is considered attributable to a trade or business to the extent that the individual's gross income from the trade or business is taken into account in calculating the allowable deduction. To figure out the percentage, divide the QBI amount of Ordinary Business Income (Loss) by the net profit from self-employment amount being used on the worksheet for Schedule 1 Line 15, and then apply that percentage to the Schedule 1 Line 15 amount.
Form W-4
To generate form:
In Screen 7.2, Withholding Allowance Certificate (W-4), within the Employee's Withholding Certificate (Form W-4) section, enter the applicable number in the field for 1=taxpayer, 2= spouse, 3=both (MANDATORY) (code 24) and check the box to Print Form W-4 with complete return (code 1). Both items must be present to generate the form.
Form 1116
Page 2, Line 18
Tip: The taxpayer may benefit from an exclusion described in diagnostic ref. 7275:
Taxpayer received either foreign source qualified dividends and/or foreign source capital gain distributions. No adjustment was made to these amounts as the taxpayer qualified for the adjustment exception. (ref. #7275)
If this diagnostic is generating, review Form 1116 form instructions for line 18 "Adjustment exception" for more details.
Sch. A
Line 8a
The interest amount reported here can be overstated in a situation where there are two businesses reporting business use of home, and the activities have not been linked to indicate they reside in the same home. This can be done in Screen 29, Business Use of Home. While in this screen, within the Allocation section, link any additional business use of home activities to the first business use of home activity listed, to indicate the two activities are within the same home. To do this, use the field Allocation of Indirect Expenses (one home/multiple businesses) - Home office name or number entered first (screen:29), if home used in more than one business (code 47).
Form 8936
To generate form:
If the form is not generating, make sure the taxpayer has income. Without income, the form will populate but not generate.
Form 8594
Page 2, Part III
How do I complete this section? This Supplemental Statement section of Form 8594 will only populate when amending the return. To generate these fields, make sure the Federal has been marked to amend in Screen 59, Amended Return (1040X)/Superseded Return).
Form 8959
Line 1
If there are inputs that show on Line 5 of the W-2 but do not show here, check for sourcing that prevents the Federal calculation. Use Jump to Input to review that the input entered are being assigned as US.
Form 8824
Page 2, Line 18
The easiest and most efficient way to enter a section 1031 like-kind exchange is by using the Like-Kind Exchange Wizard on the Depreciation screen. You can only do this in interactive mode. This feature isn't available in batch mode. Please view the following link which also includes a video. https://proconnect.intuit.com/support/en-us/help-article/form-8949/using-like-kind-exchange-wizard-lacerte/L1D1khooa_US_en_US
Form 2555
Line 1
The Foreign address field will ignore the input on Foreign address if not the same as 1040. Screen 31 inputs and the 2555 will not activate if the input is not properly linked on screen 31. The best process is to select the correct input from the dropdown Form 2555 Name or Number.
Form 3115
Page 1, Part I
The 3115 Government Instructions provide a list of designated accounting change numbers (DCN) which can be referred to for the requested change.
Partnership
Sch. K-1
Line 2
Self-Rentals and Land for Partnership and S Corporation
Modules: When an S Corporation or a Partnership has a Rental Real Estate
Activity and the Type of Property is classified as Land or Self-Rental, the
Schedule K-1, box 2 Supporting Statement will default to Nonpassive for the
property if Net Income is a gain. Losses will still be reported as Passive. Refer to Treas. Reg. section 1.199A-1(b)(14) and IRS Pub. 925 for more information.
Line 20
Any statements that arise from dispositions with Section 179 will be displayed here as an amount that represents the shareholder's percentage of the disposition. As per the Form Instructions, the disposition information should be transferred to the shareholder or partner's return and not to the corporation or partnership 4797.
Other Information input and codes can be entered in Screen 22. Use CTRL+E for Codes D,H,I,J,K,M,O,P,Q,R,S,T,V,W,X, AH
Page 4a
Screen 13, enter an amount in the Trade or Business (For Services) input that can be specially allocated (screen 29) or flow normally to this line.
Form 1065
Page 5, Line 12a
Choose Amortization Code 197 in screen 14 to get assets to print on 12A instead of 9a.
S Corporation
Form 1120S
Page 5, Sch. M-2, Line 1
Statements in this section of the form refer to gains from sec. 179 distributions will not match what is reported on sch. K Line 17 and the K1s because the Sch K does not account for the calculation that will take place after the export. (it’s just a pass-through of info). The Line 3 statement should match the outcome of that calculation after importing to the Individual. 4797.
Sch. K-1
Line 20
Any statements that arise from dispositions with Section 179 will be displayed here as an amount that represents the shareholder's percentage of the disposition. As per the Form Instructions, the disposition information should be transferred to the shareholder or partner's return and not to the corporation or partnership 4797.
Corporation
Form 8949
Page 2 (Box D)
Form not generating? Wanting to display all dispositions? Wanting "See Attached Statement" to show? Form 8949 is not required for certain dispositions.
A per-tax-type option is available within the program Options available in the Settings dropdown menu. To view these, select the Tax Return tab. Within the Federal Tax Options, locate the option to Report All Assets on Form 8949.
The Individual override for this option is located on Screen 17.1, Dispositions, within the Carryovers/Misc subscreen. You can also access this screen by clicking the Carryovers/Misc Info link available in left navigation panel: Print all assets on Form 8949: 1=yes, 2=no [O]
Form 1120
Client Letter
Screen 5.1 Client Letter Section Client Letter Screen 5; Code 4 In the Date input field, enter the date in M/D/Y Format to print at the top of the client letter and client invoice. Enter the date as a negative number (-M/D/Y or M/D/Y-) to also print the date at the bottom of Form 1120.
Fiduciary
1041
Schedule B Line 7
This section can be empty if no distributions are paid out or required based upon the Schedule B Income Distribution form instructions.
Sch. K-1
Line 5 (K-1 Export exception)
When exporting K-1 data from a Fiduciary Beneficiary to another Fiduciary, the amounts on this line will will not export. The amounts on this line will need to be entered on the recieving Fiduciary in Screen 25, Passthrough K-1s, using either Other Income and Deductions - Passive input fields or Other Income and Deductions - Nonpassive input fields.
K1 Letter
K1 Letter Salutation
To change the Salutation on the Fiduciary Schedule K1 Letter for a particular return, go to Screen 43 Schedule K-1 Overrides/Miscellaneous, then enter Letter salutation [O] text you wish to appear. This override affects only the client return you are in and will not impact other returns.
Form 1041
Schedule B, Line 7
This section can be empty if no distributions are paid out or required based upon the Schedule B Income Distribution form instructions.
Form 8949
Page 1, Box A
Form not generating? Wanting to display all dispositions? Wanting "See Attached Statement" to show? Form 8949 is not required for certain dispositions.
A per-tax-type option is available within the program Options available in the Settings dropdown menu. To view these, select the Tax Return tab. Within the Federal Tax Options, locate the option to Report All Assets on Form 8949.
The client override for this option is located on Screen 22.1, Dispositions, within the Carryovers/Misc subscreen. You can also access this screen by clicking the Carryovers/Misc link available in left navigation panel: Print all assets on Form 8949: 1=yes, 2=no [O] (code 949).
Page 2, Box D (HDI)
Form not generating? Wanting to display all dispositions? Wanting "See Attached Statement" to show? Form 8949 is not required for certain dispositions.
A per-tax-type option is available within the program Options available in the Settings dropdown menu. To view these, select the Tax Return tab. Within the Federal Tax Options, locate the option to Report All Assets on Form 8949.
The client override for this option is located on Screen 22.1, Dispositions, within the Carryovers/Misc subscreen. You can also access this screen by clicking the Carryovers/Misc link available in left navigation panel: Print all assets on Form 8949: 1=yes, 2=no [O] (code 949).
Page 2, Box D, 1(g)
Code X: You can exclude all or part of your gain under the rules explained in the Schedule D Instructions for DC Zone assets or qualified community assets. Report the sale or exchange on Form 8949 as you would if you weren't taking the exclusion. Enter the amount of the exclusion as a negative number (in parentheses) in column (g).
Form 1041
Page 30
Estimates are not required for new trusts To force estimates: In Screen 2.1 Estate/Trust
Information there is an input field “1=decendant's estate open over 2 years, 2=leave question blank (O)”. In this field, enter a 1. In Screen 12 YYYY Estimated Tax Apply overpayment to YYYY, where YYYY refers to the following tax year. You may also need to enter Overrides in Screen 12 if the program does not calculate estimates as necessary. Where an amended return is involved, the maximum amount that can show on line 30a is Line 29 minus Screen 74 Overpayment from original return
Line 5 (K-1 Export exception)
Page 30
When exporting K-1 data from a Fiduciary Beneficiary to another Fiduciary, the amounts on this line will will not export. The amounts on this line will need to be entered on the recieving Fiduciary in Screen 25, Passthrough K-1s, using either Other Income and Deductions - Passive input fields or Other Income and Deductions - Nonpassive input fields.
