Indicate taxpayer is a small business taxpayer
Do the following to indicate the taxpayer is a small business taxpayer:
- Go to the 8990 screen and complete theSmall business taxpayerfields.
- If there's no excess business interest expense in the return passed-through from another partnership, marking the field will stop Form 8990 from printing.
- If there's business interest expense passed-through from another partnership, Form 8990 will calculate per the instructions and print.