Form 8896 print requirements
There are 3 ways you can calculate Form 8896, Low Sulfur Diesel Fuel Production Credit.
Option 1:
- InOrganizer, go to theCreditsfolder.
- Select8896 - Low Sulfur Diesel Fueland enter the applicable information on this screen.noteMake sureSuppress the form when the only source for a credit is from pass-through (not applicable for 1120S or COOP)isn't selected.
Option 2:
- InOrganizer, go to theIncome and Deductionsfolder.
- Open thePass-Through Entityfolder.
- SelectPass-Through Entitythen the name of the entity.
- Go to theCredits/Tax Preftab.
- Enter an amount on lineAI Low sulfur diesel fuels production credit.
Option 3:
- InOrganizer, go to theCreditsfolder.
- SelectGeneral Business Credit, thenGeneral Business Credit parts III and V.
- Go to thePart III lines 1a - 1otab.
- Enter information in thePart II line 1m - Form 8896section.