Jan 19, 2019 #6.
available. Once the form is available, follow the steps to claim the credit: Log in to your account. It's a pretty straight-forward form. Form 8453, U.S. Users of the Download/CD version of TurboTax please update your software Form 8936, 8606 and 4684 are now available for immediate use.
Turbo Tax seems to think that I am eligible for $7,500 even though I purchased the vehicle 0n 3/21/2019. The IRS website only has the form from 2017 and does not mention nor talk about 2018 anywhere.
available. Purpose of Form. I only found a draft for the 2018 form 8936. FDI_8936_EVCredit_ErrorHold - Your tax return is on hold pending ongoing updates to calculations on Form 8936, Qualified Plug-In Electric Drive Motor Vehicle Credit. The tax credit is what it is so even if I was to get audited, nothing would change and will be doing the same thing this year if needed. We plan to have the updates to the form done on February 20th, 2019."
Two forms that pertain to energy-efficient vehicles are: Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit. We are working fast to get this update into the TurboTax software.
If you are trying to claim more than one qualifying vehicle, you will not be able to use this form and e-file your return.
To get to the 8938 section in TurboTax (requires Deluxe or higher): Open or continue your return if you're not already in it. Form 1040, which many taxpayers can file by itself, is supplemented with new Schedules 1 through 6. This form is needed to claim the credit. If the vehicle satisfies the at least the minimum requirements, the credit starts at $2,500 and goes to a maximum of $7,500. I was under the impression that the max tax rebate for 2019 wast $3750 if the car was bought before July 1, 2019. H&R block, turbo tax, fill it in yourself -- shouldn't matter relative to form 8936. available. Last year Turbo tax was really late with 8936. level 1. Form 8936 is used to figure credits for qualified plug-in electric drive motor vehicles placed in service during the tax year.
Try for Free/Pay When You File: TurboTax online and mobile pricing is based on your tax situation and varies by product. Sent from my iPhone using Inside EVs .
... Turbotax now prompts for the required information and completes the proper form 8936 for the tax credit.
I tried to use yesterday on TurboTax, it says 8936 will be available by Jan 31st. The IRS just released Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit yesterday. 1 month ago. Turbo tax also suggests there might be an EVSE form available at some point.
Form 8936 will be available by March 8, 2018. I went to H&R Block on-line and they only had a draft version. No, turbo tax will have a section and will fill out the form for you. My Turbo Tax software is continuing to tell me that the form is unavailable from the IRS.