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How to generate Form 8586 in ProConnect Tax
by Intuit• Updated 8 months ago
This article will assist you with generating Form 8586, Low-Income Housing Credit, in the Individual module of ProConnect Tax.
Refer to the IRS General Instructions for Form 8586 for more information.
To generate Form 8586 in the program:
- From the Input Return tab, go to Credits ⮕ General Business and Vehicle Cr.
- Go to the Low Income Housing tab at the top of the screen.
- Locate the the Recapture of Low-Income Housing Credit (8611) section.
- Enter the applicable information.