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I have a taxpayer who has a k-1 from a partnership that passed through low income housing credits in prior years. Because of at risk, rules, he had to a small amount of the credits. How do I get form 8611 to become part of the return? I cannot find anywhere in the program that talks about credit recapture. Thank you for your help and stay safe and healthy!
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Try Screen 34
Lacerte has this snifty feature:
Go to where you expect the info/amount to appear. Right click on that field, then click on "jump to input". That will *usually* take you to where you to input the info (or give you the various options when there are multiple places).
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I already tried that. It didn't help. It stuck me in the middle of a worksheet that didn't have anything that led to the production of 8611 as far as I could tell.
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Oops. Screen 34 was the correct response. My mistake. I was thinking a different page. So thank you very, very much!
