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Common questions about entering Form 8801 in Lacerte

by Intuit Updated 3 months ago

Below are solutions to frequently asked questions about Form 8801, Credit for Prior Year Minimum Tax - Individuals, Estates, and Trusts.

The Minimum Tax Credit Carryover Worksheet (Form 8801) is generated to calculate only the potential credit that will be carried forward to the next year.  Because this is used to calculate the potential credit, the worksheet stops calculating on line 21.

Also note, we are using the current year, Form 8801 to determine what the potential amount may be for the following tax year (next year's Form 8801 will not be available until the next tax year).

This year's Minimum Tax Credit Carryover can be seen on the General Information page, within the forms view.

Generating Individual Form 8801

How to enter prior-year tentative minimum tax carryovers in Form 8801

Lacerte Tax 2018Lacerte Tax 2019Lacerte Tax 2020

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