Use Screen 33, Elections/Form 8832 to make the election to capitalize taxes and carrying charges. See IRC Regulation 1.266-1 Capitalize Taxes & Carrying Charges Election for more information.
Intuit HelpIntuitPartnership election to Capitalize Taxes and Carrying Charges in Lacerte
SOLVED•by Intuit•Updated June 28, 2023
Was this helpful?
You must sign in to vote, reply, or post
Sign in for the best experience
Ask questions, get answers, and join our large community of Intuit Accountants users.
More like this
- IRC Regulation 1.266-1 Capitalize Taxes & Carrying Charges Election in Lacerteby Intuit•50•Updated June 23, 2023
- Specially allocating capital accounts for a partnership or LLC return in Lacerteby Intuit•93•Updated 1 year ago
- Partnership capital account analysis and Schedule M-2 in Lacerteby Intuit•16•Updated January 11, 2023
- Amending a partnership return in Lacerteby Intuit•99•Updated 1 year ago
- Entering capital account distributions to partner in Lacerteby Intuit•111•Updated 1 year ago
