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Generating Form 8826, Disabled Access Credit in Lacerte

by Intuit• Updated 5 months ago

Select the applicable module below for instructions on entering Form 8826, Disabled Access Credit in Lacerte.

Partnership

Follow these steps to generate Form 8826 in the Partnership module:

Go to Screen 20, Credits.
Select Other Credits from the top-left navigation panel.
Scroll down to the Disabled Access Credit (8826) section.
1. You may also select this section from the lower-left Sections list.
Enter the Eligible access expenditures.
- This amount prints on Form 8826, Part I, line 1.
- The partner's share of this credit flows to the Schedule K-1, box 15 with a code L.

Part II doesn't apply to a partnership. If the credit is being passed through from another entity, enter the amounts on Screen 23, Passthrough K-1's.

Corporate

Follow these steps to generate Form 8826 in the Corporate module:

Go to Screen 28, General Business Credits (3800).
Select General Business Credits from the top-left navigation panel.
Scroll down to the Disabled Access Credit (8826) section.
- You may also select this section from the lower-left Sections list.
Enter the Total eligible access expenditures.
Enter the Controlled group member share of group credit, if applicable.

S-Corporate

Follow these steps to generate Form 8826 in the S-Corporate module:

Go to Screen 26, Credits.
Select Schedule K Credits from the top-left navigation panel.
Scroll down to the Disabled Access Credit (8826) section.
- You may also select this section from the lower left Sections list.
Enter the Eligible access expenditures.

Fiduciary

Follow these steps to generate Form 8826 in the Fiduciary module:

Go to Screen 38, Other Credits and Withholding.
Select Other Credits & Withholding from the top-left navigation panel.
Scroll down to General Business Credits (3800, Part III) section.
- You may also select this section from the lower left Sections list.
Hold Ctrl+E on your keyboard in the Disabled access (Form 8826) (Ctrl+E).
Enter the amount under the applicable column:
- Gen. Bus. (non-passive)
- Gen. Bus. (passive)
- Gen. Bus. Carryfrwd
- Gen. Bus. Carryback

Individual

Follow these steps to generate Form 8826 in the Individual module:

Go to Screen 34, General Bus. & Passive Act. Credits.
Enter the Total eligible disabled access expenditures.

How do I enter a disabled access credit from a K-1?

If your client's only source of this credit is from a passthrough entity, Form 8826 isn't required, and any allowed credit will flow to Form 3800.

If the credit is from a partnership K-1, enter it on Screen 20.1, Partnership Information in the Line 15 - Credits and Withholding table.
If the credit is from an S corporation, enter it on Screen 20.2, S Corporation Information in the Line 13 - Credits and Withholding table.

If the credit isn't flowing to the 1040, check the 8582-CR and worksheets to see if the credit was limited.

Lacerte Tax

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