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April 1, 2024
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Form 3468 fix to line 2a

Related products:Lacerte
  • April 1, 2024
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I would like your software writers would make form 3468, line 2a, optional.  After researching the instructions and going online to apply for the IRS registration number, I find that in some cases, this registration number is not applicable.  This IRS registration number is for non-profit taxpayers electing to take a tax payment or transfer the credit to another entity.  It doesn't apply to small facilities generating less than 1 megawatt of clean energy.  I was instructed to override the efile diagnostics then efile.  Really don't like this.  

This was for federal form 1120.