I have an individual client that received a CPAR adjustment that results in a reduction in tax. I understand Lacerte does not support the Form 8978, but has anyone claimed it as a credit on a 1040? I can't seem to find where to do that.
Partner's audit liability under section 6226 (Form 8978)
Other Taxes Screen 45; Code 117
Enter the amount of partner’s audit liability under section 6226, from Form 8978, line 14. A positive amount will carry to Form 1040, as an other tax. A negative amount will carry to Schedule 3.
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