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Level 1
February 20, 2023
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A client received several forms 8986. Where is the form 8978 input screen? Does the system doe any of the prior year recalculations or do I have to do those manually?

  • February 20, 2023
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Best answer by George4Tacks

I am afraid that the input is here https://www.irs.gov/pub/irs-pdf/f8978.pdf

You need to go back to each of those affected years and do the computation for them. I hope you get a really good retainer. 

1 reply

George4Tacks
Level 15
February 20, 2023

I am afraid that the input is here https://www.irs.gov/pub/irs-pdf/f8978.pdf

You need to go back to each of those affected years and do the computation for them. I hope you get a really good retainer. 

Answers are easy. Questions are hard!