FICA Tip credit and Form 1040

[Nicholas923]

I have a K-1 with a FICA TIP credit...I entered the TIP credit however the Pro Series Basic software does not have a Form 8846 which I understand is where this amount must flow to. Please help me enter this tip credit for a personal tax return. Thank you

[itonewbie · Accepted solution]

Do you find the corresponding line item on the K-1 input screen for 1065 K-1 Line 15/1120S K-1 Line 13?  If so, you should select "N" for the credit and it should flow directly to F.3800 and not F.8846.

[Nicholas923]

Thank you...it worked

[itonewbie]

NP, @Nicholas923!