The IRS Form 8978, Partner's Additional Reporting Year Tax, must be filed to report adjustments shown on IRS Form 8986, Partner's Share of Adjustment(s) to Partnership-Related Item(s), received from a partnership that has elected to push out to their partners adjustments to partnership-related items.
To enter complete Form 8978 in TaxSlayer ProWeb, from the Federal Section of the tax return (Form 1040) select:
- Deductions
- Credits
- Other nonrefundable credits
- Amount on Form 8978, Line 14 - Enter the amount.
Additional Information: