I have Turbotax Premier. how do I efile form 8886?

[ClarkeB]

TurboTax handles the most common IRS tax forms for individual (personal) tax filers.

Because few taxpayers need the following IRS forms, TurboTax doesn't include:

• Form 1040NR U.S. Nonresident Alien Tax Return
  • However, in partnership with Sprintax, we offer a nonresident tax filing solution. More info
• Form 4970 Tax on Accumulation Distribution of Trusts
• Form 5074 Allocation of Individual Income Tax to Guam or the Commonwealth of the Northern Mariana Islands (CNMI)
• Form 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts
• Form 5471 Information Return of U.S. Persons With Respect To Certain Foreign Corporations
• Form 5713 International Boycott Report (and related forms)
• Form 5884 Work Opportunity Credit
• Form 6478 Alcohol and Cellulosic Biofuel Fuels Credit
• Form 6765 Credit for Increasing Research Activities
• Form 8082 Notice of Inconsistent Treatment or Administrative Adjustment Request (AAR)
• Form 8275 Disclosure Statement
• Form 8275-R Regulation Disclosure Statement
• Form 8594 Asset Acquisition Statement Under Section 1060
• Form 8609-A Annual Statement for Low-Income Housing Credit
• Form 8621 Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
• Form 8689 Allocation of Individual Income Tax to the U.S. Virgin Islands
• Form 8697 Interest Computation Under the Look-Back Method for Completed Long-Term Contracts
• Form 8820 Orphan Drug Credit
• Form 8826 Disabled Access Credit
• Form 8828 Recapture of Federal Mortgage Subsidy
• Form 8833 Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b)
• Form 8835 Renewable Electricity, Refined Coal, and Indian Coal Production Credit
• Form 8844 Empowerment Zone and Renewal Community Employment Credit
• Form 8845 Indian Employment Credit
• Form 8846 Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips
• Form 8847 Credit for Contributions to Selected Community Development Corporations
• Form 8861 Welfare to work credit (ignore - only from partnerships/corp etc)
• Form 8864 Biodiesel and Renewable Diesel Fuels Credit
• Form 8865 Return of U.S. Persons With Respect to Certain Foreign Partnerships
• Form 8866 Interest Computation Under the Look-Back Method for Property Depreciated Under the Income Forecast Method
• Form 8873 Extraterritorial Income Exclusion
• Form 8874 New Markets Credit
• Form 8882 Credit for Employer-Provided Child Care Facilities and Services
• Form 8886 Reportable Transaction Disclosure Statement
• Form 8896 Low Sulfur Diesel Fuel Production Credit
• Form 8900 Qualified Railroad Track Maintenance Credit
• Form 8906 Distilled Spirits Credit
• Form 8907 Nonconventional Source Fuel Credit
• Form 8908 Energy Efficient Home Credit
• Form 8909 Energy Efficient Appliance Credit
• Form 8912 Credit to Holders of Tax Credit Bonds
• Form 8925 Report of Employer-Owned Life Insurance Contracts
• Form 8931 Agricultural Chemicals Security Credit
• Form 8932 Credit for Employer Differential Wage Payments
• Form 8933 Carbon Dioxide Sequestration Credit
• Form 970 Application to Use LIFO Inventory Method
• Form T Timber Forest Activity Schedule
• Form W-2GU Guam Wage and Tax Statement (Info Copy Only)

[darsun]

I need to file 8886 form with my return BUT form 8886 which is not part of Turbo tax forms.  Can I still Efile my return using Turbo tax AND mail the filled 8886 separately through USPS?  Please  advice.  Thanks for the help.

[ChrisS1]

I have the same question.  I need to file Form 6765 (not included in Turbotax).  Can I file my return electronically through Turbotax and then mail in my Form 6765?  Or am I not allowed to file electronically if my return includes an IRS form that is not included in Turbotax?

[ral0]

Has anyone determined how to handle the filing of form 8886 using turbotax?

[MichelleLO]

Form 8886 is not supported in TurboTax. For more information, please see Which IRS forms are not included in TurboTax?

@ral0

[ral0]

Thanks for responding. Does this mean after being a loyal TurboTax user for decades, that I can no longer use it? Or is there a way I can still use TurboTax and attach [a separately prepared by me] form 8886 to the filing?

[AshleyLO]

@ral0 You can still use TurboTax to prepare your return. However, if you need to file the 8886 form, you will need to print and mail your return along with the 8886 form.

 How do I print and mail my return in TurboTax Online? 

[ral0]

Thanks Ashley,

So you are saying that it is okay to efile without the form 8886 attached, as long as I post office mail in a copy. This is related to a non-cash charitable donation of land for more than $5,000. So I will also need to mail in the appraisal form, correct?

[MarilynG1]

@ral0 No, you will need to mail your tax return (which is showing a benefit from the charitable donation), along with Form 8886 and the appraisal form.

Click this link for more info on IRS Form 8886. 

[ral0]

MarilynG1 -- Thank you for clarifying.

The other thing I want to know is about the charitable contribution cap. This specific transaction allows the charitable donation deduction up to 50% of Taxable Income. Does TurboTax allow up to 50%? 

[MarilynG1]

@ral0 The basic rule is that your contributions to qualified public charities, colleges and religious groups can't exceed 60 percent of your Adjusted Gross Income (AGI) (100% of AGI in 2020 for qualified charities). The caps are a bit lower for gifts to other types of nonprofits.

Click this link for detailed info on Charitable Contributions.