Screen 3468 - Investment Credit (1065)

Overview

Form 3468 isn't required to print with Form 1065 or with Form 8865 unless there is information for Part I or Part III, line 11h or 11i.
Information from this screen is separately reported by activity on the Partner’s Schedule K-1 Activity Worksheet. Therefore, enter data for this screen in the activity folder (Income & Deductions, Farm, and so on) to which the investment credit is related. Use the
CrGen
screen in the Credits folder to enter general investment credit information not related to an activity.

Rehabilitation Credit

Rehabilitation project information automatically transfers from the asset module to the statements attached to these fields when you use codes
R
and
C
in
Credit/Amount
. Additionally, use these fields to enter rehabilitation project information not entered in the asset module.

Energy Credit

Enter code
G
in
Credit/Amount
in the asset module to transfer the basis of geothermal energy or solar energy property (acquired before January 1, 2006) placed in service during the year from the asset module. If you didn't enter assets in the asset module, enter the amount in this field.
Enter code
S
in
Credit/Amount
in the asset module to transfer the solar energy property (acquired after December 31, 2005) placed in service during the year from the asset module. If you didn't enter assets in the asset module, enter the amount in this field.

Other Investment Credits

Enter code
P
in
Credit/Amount
in the asset module to transfer the basis of advanced energy project property placed in service after February 17, 2009 from the asset module. If you didn't enter assets in the asset module, enter the amount in this field.
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