Partnership Form 3468 Investment Credit in Lacerte

Starting in tax year 2023:

1. Go to Screen 20.3 Investment Credit (3468)
2. Under the Facility section select the facility you need to generate the credit for.
   • Use the Add button to add as many Facilities or properties as needed.
3. Complete Part 1 for each Facility or Property.
4. Select the section for the credit needed and complete any applicable information.
5. Lacerte will include information related to Form 3468 with the Schedule K-1 with the partner. This information is passed through to the individual taxpayer.

For tax year 2022 and prior:

Form 3468 Investment Credit information can be entered in Screen 20.2, Other Credits in the Investment Credit (3468) section.