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- Form 8828 missing
Form 8828 missing
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Anne-Marie S
Level 1
09-09-2021
11:08 AM
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ProSeries has Form 8396 which calculates the credit for the Federal Mortgage subsidy but if they sell before 9 years then would need to calculate how much needed to repay which is 8828. This is the form that is missing from ProSeries. This can not be attached as a supporting PDF document, this form needs to be part of a calculation. Like on Schedule 2 it states on line 7B repay of first time home buyer credit which is calculated from form 5405 throughout the years, and then there should be a similar line item for the recapture of federal mortgage subsidy, which would be then sourced from form 8828. That schedule 2 bottom line number would be flowed into the 1040.
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