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Level 2
March 19, 2021
Solved

3468 Pt III box B - How to trigger?

  • March 19, 2021
  • 1 reply
  • 8 views

Client installed solar electric system on residential rental.  I entered cost on Scr 34 which triggers the credit on 3468, Pt III, line 4a, but the form has Box A - Non-Passive Activity marked.  How do I mark Box B - Passive Activity instead?

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Best answer by PKCPAMST

On Screen 34, in Credits section, in Form field, select Schedule E (rental/royalty).

1 reply

PKCPAMSTAnswer
Level 6
March 19, 2021

On Screen 34, in Credits section, in Form field, select Schedule E (rental/royalty).

CAGary23Author
Level 2
March 19, 2021

Thanks very much for the assist.