In Lacerte, how do you enter information for the Energy Efficient Home Credit Form 8908 in the Partnership module?
What's new for Form 8908 for tax year 2023:
- Credit increase and modification. The Inflation Reduction Act of 2022 increased and modified the credit for certain homes sold or leased after 2022.
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How to enter the Energy Efficient Home Credit
- Go to Screen 20, Credits.
- In the Sch. K Credits panel, select Other Credits.
- In the Sections list, select Energy Efficient Home Credit (8908).
- Enter the applicable information.