Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit. If it’s for personal use, you can then report the credit on your 1040 when filing your federal taxes.. This form is not available until 2/12/2020. 01/21/2021. Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit. See this TurboTax support FAQ for a manual update on a Windows PC - https://ttlc.intuit.com/community/updating/help/manually-update-turbotax-for-windows-software-basic-... Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit - Estimated available 02/05/2020, subject to change. is the form 8936 available for turbo taxbusiness, i have been waiting for this and have been receiving new dates last i heard was 3/8/2019. Perhaps one of you guys can help. It says my taxes can not be filed because the IRS has not gotten final approval for IRS Form 8936 (EV Tax Credit) for 2017. So, Turbo tax doesn't have the fed tax credit form 8936 for 2018 yet. For an energy-efficient vehicle tax credit, Or enter energy efficient vehicle in the Search box located in the upper right of the program screen. All revisions are available at IRS.gov/Form8936. Tried to do my taxes on Turbotax. Then line 4b is the % depending on when the car was acquired: Form 8936 (plug-in electric car credit). Prior Year Qualified Business Loss Carryforward - Enter any losses or deductions disallowed for use in calculating taxable income in a prior year that can be included in the current year. TurboTax desktop software products for 2015 will once again include popular forms that customers expect, reaffirming Intuit Inc.’s commitment to roll back changes made to last year’s product. Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit. Your state may also offer tax credits, so consult your tax pro before making any filings. We plan to have the updates to the form done on February 20th, 2019." Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit. 2014 Form 8911 Available 1/29/2015 for TurboTax Form 8911, Alternative Fuel Vehicle Refueling Property Credit will be available on January 29 for the online and Windows based desktop editions. https://www.irs.gov/pub/irs-pdf/f8936.pdf. We plan to have the updates to the form done on February 20th, 2019." Nothing is more frustrating then seeing others get their returns while you cant do anything but pray that your form will become available. My state return was rejected automatically since my federal return was rejected. I think TurboTax is just using your GVW and battery size to confirm that your vehicle qualifies for the credit by weight (< 14,000 lbs) and and battery capacity (>= 4 kWh). Year-Round Tax Estimator: Available in TurboTax Self-Employed and TurboTax Live Self-Employed starting by end of February. 02/04/2021. If it’s for personal use, you can then report the credit on your 1040 when filing your federal taxes.. I think TurboTax is just using your GVW and battery size to confirm that your vehicle qualifies for the credit by weight (< 14,000 lbs) and and battery capacity (>= 4 kWh). Forums. Any idea what the problem is? Free Federal E-file Included — Free e-file of your federal tax return is included with your purchase of TurboTax CD/Download. Perhaps one of you guys can help. • Use this form to claim the credit for certain plug-in electric vehicles. 02/04/2021. Is this true? Filed in March and got the tax credit. Click on Jump to energy efficient vehicle. I don't understand what they want me to put in Line 16 (Multiply line 15 by 10%). " Your tax return is on hold pending ongoing updates to calculations on Form 8936, Qualified Plug-In Electric Drive Motor Vehicle Credit. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. 01/21/2021. Vehicles that are Eligible for the Credit. I show a 25% phase out and yet the credit still shows as $7500. Ensure that you have all the essential information about your car, such as the model and its battery capacity. Form 8936 is available at irs.gov in its final state for the 2018 tax year. The fact that the forms are available on the IRS website has nothing to do with any tax software program. Upon closer review, the program also generated page 2 of form 3800 with $1266 entered on lines 27 & 29!?! Having heard HRB didn't have form 8936, I started working my numbers into TurboTax for the forms I'd received while awaiting my W-2, which my work FINALLY sent me 1/30/13. Will you even be able to file Form 8936 with Turbotax? Then line 4b is the % depending on when the car was acquired: @Kershen No it is not yet available. Line 4b. In Part III, I put 7,500 in line 15. Thank you so much for all of your input, suggestions, and patience. The IRS just released Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit yesterday. Form 8936 Qualified Plug-in Electric Drive Motor Vehicle Credit. JTPRO, Mark57, JonW and 2 others like this. Use prior revisions of the form for earlier tax years. Once the form is finalized by the IRS, it has to be coded into the special language the software uses and has to be thoroughly tested for calculations and e-filing acceptability. Form 8962: Premium Tax Credit. ... Prices based on hrblock.com, turbotax.com and intuit.taxaudit.com (as of 11/28/17). 2017 IRS Form 8936. Form 8936 (plug-in electric car credit). The dates have changed. Agreed, for any Tesla vehicle, I wouldn't worry about being ultra-precise with these numbers, as Form 8936 doesn't actually ask you to submit them. Assuming your car qualifies (and you didn’t buy a Tesla), you will need to fill in Form 8936. 0. wb808. At this point, the IRS expects to approve the form 8936 on TurboTax e-file as  02/05/2020. Form 8938, Statement of Specified Foreign Financial Assets. Form 1116, Foreign Tax Credit for AMT. We plan to have the updates to the form done on February 20th, 2019." If you are using the vehicle for personal use, you will report the tax credit amount on Form 1040. Note: You submitted a tax return with the following form(s) attached: Form 8936 Qualified Plug-in Electric Drive Motor Vehicle Credit Form 4562 Depreciation and Amortization Form 8911 Alternative Fuel Vehicle Refueling Property Credit The IRS has delayed the processing of these forms until late February or into March. The following articles are the top questions referring to Vehicle Credits FAQs (8846). Last week it was delayed til 2/15 and now is showing 2/23 as the available date. I truly understand your frustration and thank you for your patience. Is there a link you can email me so that I can download it? Makes me SICK, I NEED my my $5000 return, dont tell me one thing and then do another. Prior Year Qualified Business Loss Carryforward - Enter any losses or deductions disallowed for use in calculating taxable income in a prior year that can be included in the current year. Click on Check for updates. That process usually takes several weeks after the paper version has been released. • Claim the credit for certain alternative motor vehicles on Form 8910. (This is the maximum returns limit set by the IRS.) Last week it was delayed til 2/15 and now is showing 2/23 as the available date. ; E-file Multiple Returns — Prepare and e-file up to five (5) federal tax returns at no additional cost. I don't have enough tax liabilty for the whole $7500, so the cost of my EVSE install and equipment got zeroed out (as I anticipate every remaining deduction will, as well). If Form 8995 is being filed with the return, the aggregation information will be on a separate attachment to Form 8995. Feature available within Schedule C tax form for TurboTax filers with 1099-NEC income. In fact, it is the only 2017 form we can't find. 01/21/2021. Real-Time Refund Status. Enter a '3' in, Vehicle credit type: 1=alternative motor (8910), 2=plug-in electric acquired before 2012 (8834), 3=plug-in electric drive motor (8936). The forms are available if you are going to download from the IRS to complete it on your own. 0. wb808. For current information on forms availability please click on this link:  Federal forms. Part I calculates your tentative credit amount, which, in many cases, the manufacturer will have provided with its certification. It is, however, a federal crime to knowingly submit documents to the IRS that you know to be false. When will form 8936 be available on TurboTax for 2019 filings? 02/04/2021. In fact, it is the only 2017 form we can't find. Form 8936 - Qualified Plug-In Electric Drive Motor Vehicle Credit - Non-Refundable Credit . Qualified Plug-in Electric Drive Motor Vehicle. 163 votes, 106 comments. How to claim the electric car tax credit. TurboTax now says they'll have form 8936 ready 3/2 instead of 3/8. So those who want to file on their own, it’s available now. Not being a "tax" guy, I'm a bit confused. 02/04/2021. I hope this helps you understand the situation. Attached Files: Screen Shot 2018-02-26 at 9.28.32 PM.png File size: 210.2 KB Views: 0 #41 stuyguy, Feb 26, 2018. Form 8936 - Qualified Plug-In Electric Drive Motor Vehicle Credit - Non-Refundable 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. Form 8960: Net Investment Income Tax. (a) Vehicle 1 (b) Vehicle 2 I was referring to a rebate from TT, that I missed. If they have it you have no excuse not to! I thought Congress was merely considering eliminating the credit - but that did not happen in the final legislation. Spoke to TurboTax yesterday. The Qualified Plug-in Electric Drive Motor Vehicle Credit is a non refundable credit. 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