I am a small business owner and I have tipped employees. I file using a K1 form. I am due a tip credit carryover from 2017 and my accountant says it needs to go on a form Form 3800, Part III, Line 4(f) . Box “C” should be checked at the top.
I dont see how to do that
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This is under Business Credit Carryforwards. Go to search on the easy step side. Search topics for 3800. Jump to it. Yes, you have carryforwards. The credit you are selecting is 8846 (Employer SS and Medicare). There will be a place to explain how it was computed. You can make sure it is correct by going to the Forms Mode: Form 3800 Pt.3.
If you are adding a second one, there is a spot (see screenshot) to add another one.
[Edited 04.09.19|5:22pm PST]
This is under Business Credit Carryforwards. Go to search on the easy step side. Search topics for 3800. Jump to it. Yes, you have carryforwards. The credit you are selecting is 8846 (Employer SS and Medicare). There will be a place to explain how it was computed. You can make sure it is correct by going to the Forms Mode: Form 3800 Pt.3.
If you are adding a second one, there is a spot (see screenshot) to add another one.
[Edited 04.09.19|5:22pm PST]
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