8902 - Alternative Tax on Qualifying Shipping Activities

What is the form used for? :

• Qualifying vessel operators file this form to make an alternative election under section 1354(a), report the termination of such an election, report information relating to such an election, and to compute the alternative tax.

Is the form Supported in our program? Yes

How to access the form: To access the form, you will need to open a Business return on the desktop and then go to Add Form/Display and type 8902.

Limits to the form: This form can only be accessed from the desktop software. This form cannot be copied.

IRS Publication: https://www.irs.gov/forms-pubs/about-form-8902