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Form 8978 - Partner's Additional Reporting Year Tax

The individual partner reports the amount on Form 8978 line 14 in their individual tax return. in Tax Processors Plus Desktop, where this amount is reported depends on whether it is a positive or a negative number.

Employer Paid Dependent Care Benefits

Under IRS Code §129, employers can exclude up to $7,500 ($5,000 before 2026) from an employee's wages for a dependent care assistance program.

IRS Form 7218 - Clean Fuel Production Credit

Form 7218 is used to claim the section 45Z credit for the production of qualified clean fuel produced and sold after 2024.

IRS Form 7211 - Clean Electricity Production Credit

Form 7211 is used to claim the clean electricity production credit.

Form 8936 - Clean Vehicle Credit

The Clean Vehicle Credit has expired.

Form 8864, Biodiesel, Renewable Diesel, or Sustainable Aviation Fuels Credit

Use Form 8864 to claim section 40A biodiesel and renewable diesel fuels credit or the section 40B sustainable aviation fuel credit.

Form 6478 - Biofuel Producer Credit

IRS Form 6478 is used to calculate the section 40 biofuel producer credit for tax years beginning after 2017.

How Do I Enter Multiple 1098-Ts Into the Tax Return?

A college student who has transferred to a different institution during the year may receive two Forms 1098-T.

Form 8882 - Credit for Employer-Provided Childcare Facilities and Services

Form 8882 is part of the general business credit.

Form 8874 - New Markets Credit

IRS Form 8874 is used to claim the new markets credit for qualified equity investments made in qualified community development entities (CDEs).

Form 8845 - Indian Employment Credit

Use Form 8845 to claim the Indian employment credit if you paid or incurred qualified wages and/or qualified employee health insurance costs to/for a qualified employee during your tax year.

Desktop 2022 and prior: Form 8936 - Qualified Plug-in Electric Drive Motor Vehicle Credit

This article concerns Form 8936 for tax years 2022 and prior.

Credits Menu - 2021 and forward

Other Nonrefundable Credits - Use this line to report any nonrefundable credits not reported elsewhere on the tax return or other schedules.

Credits Menu - 2020 and prior

2020-2021 Using Prior Year Earned Income to Compute EIC and CTC

In 2021, Congress extended the ability to use the 2019 earned income in these calculations for tax year 2021.

Form 7202 - Credits for Sick Leave and Family Leave for Certain Self-Employed Individuals

The credit for sick leave and family leave for self-employed individuals calculated on Form 7202 is for tax years 2020 and 2021 only.

Form 8863 - Education Credits

The American Opportunity Credit and the Lifetime Learning Credit are available to provide tax relief to taxpayers either seeking higher learning opportunities for themselves or their dependents.

Where do I enter fees and expenses not listed on Form 1098-T ?

Form 8863, Education Credits (American Opportunity and Lifetime Learning Credits) is used to calculate education credits based on the adjusted qualified education expenses paid to an eligible postsecondary educational institution.

Form 8881 - Credit for Small Employer Pension Plan Startup Costs

Congress passed "The Setting Every Community Up for Retirement Act (SECURE Act)" in December 2019.

Form 8912 - Credit to Holders of Tax Credit Bonds

Qualified tax credit bonds are bonds issued under IRC section 54A.

Mortgage Interest Credit - Form 8396

The Mortgage Interest Credit is a nonrefundable credit intended to help lower-income individuals own a home.

Form 8880 - Retirement Savings Credit

Form 8880 is used to figure the amount of the credit a taxpayer can take for making contributions to a retirement plan.

Child And Dependent Care Expense Credit

An individual that pays someone to care for their dependents ( qualifying child under age 13, or their spouse or any dependent who is physically and mentally incapable of their own care ) while they work or look for work, may be able to claim a credit for their expenses.

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Schedule 8812 - Additional Child Tax Credit

In addition to the nonrefundable Child Tax Credit (CTC) and Credit for Other Dependents (ODC), a taxpayer with one or more qualifying children may be able to claim the refundable Additional Child Tax Credit (ACTC).