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Reporting tax and fuel credits on Form 4136 in Lacerte

SOLVEDby Intuit22Updated May 12, 2023

To generate Form 4136 on an Individual return:

  1. Go to Screen 36, Fuel Tax Credit (4136).
  2. Enter any applicable fields.

For Form 1120 filers:

Lacerte doesn't automatically report back the income on Form 4136, Schedule M-1, Fuel Tax Credit.

You can make this adjustment on Screen 39.1, Schedule M-1 (Book-Tax Adj.).

The IRS Instructions for Form 4136, page 2 state:

"Including the Fuel Tax Credit in Income

You must include in your gross income the amount of the credit from line 17 if you took a deduction on your tax return that included the amount of the taxes and that deduction reduced your income tax liability. See Pub. 510."

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