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2019 IRS Form 8911 Help
- Thread starter Stach
- Start date
So just to be clear, you only paid an additional $19.99 for the CPA review and then you are mailing him a completed 8911 form? He will then prepare an amended return and you have nothing else to do and no additional amount to pay? He's also going to submit / mail in the amended return as well?
Thanks in advance for your information as I'm leaning towards going this route now.
Aw sorry about that - I was reading something about it on another site and I guess it was the regular EV credit that was being discussed in the context of credit karma.
I used credit karma but I wasn’t eligible for 8911 due to the other credits I got this year for my Solar Panels install. It threw my AMT past the threshold to qualify for 8911.
travis1906
Member
Yes that is correct. He is also reviewing it to make sure I didn’t miss anything as it relates to possible credits, exemptions, etc.
travis1906
Member
To be clear, I uploaded the hand written form directly to him on the message center (basically email within the software). He will take it from there.
So what’s the timing for choosing the $19.99 CPA option, right before you e-File, after you e-File?
travis1906
Member
As you go along you have the option to chose additional services (of course they try to upcharge you from the “free” version just like TurboTax). You can do so all the way up until you hit send at the end. I chose Deluxe Pro (some additional help and prompts as you go along to include filing state) and the also added the CPA review right before I filed.
I use them and really like their product. I used to file directly through IRS's freefillableforms.com and my state's department of revenue's website, but gave up and switched to FreeTaxUSA when my state ended its free e-file program. FreeTaxUSA has the right amount of handholding for me (relatively little, which I like), and it's inexpensive. It handled both the 8911 and the 8936 no problem.
jrweiss98020
Tessa's Tesla
Do you need an 8911 for a home installation? I would think the 5695 (Residential Energy Credit) would suffice.
travis1906
Member
I used H&R Block for my e-filing. I selected the CPA review option for that price.
Why the 5695? I don't see anything related to electric vehicles or charging in the instructions.
Nothing against TurboTax or H&R Block, but I deal with tax issues & preparers all day every day for my job, and $20 buys you about 5 minutes of time (if that) with anyone who I would even remotely trust to handle my tax prep beyond typing numbers into their software. You get what you pay for.
travis1906
Member
I agree with regards to having a “preparer” who does seasonal work for Jackson Hewitt or H&R Block do my taxes. That is not what this is. I did my own taxes this year. Usually I have my CPA do it and pay him $350. This year my tax situation is not as complicated (sold my rental properties, changes in tax law with the 2018 changes).
It is a CPA who is not a “preparer” that does the review. When you select this option, the CPA’s pic and bio/credentials is shown along with his/her office phone, address and fax.
As others have mentioned, form 5695 is mainly for energy efficient HVAC systems and home renewable energy generation. Thanks to that credit I got a decent chunk of change back after I replaced the geothermal unit in my house in 2017. Form 8911 is specifically for “alternative fuel vehicle refueling” just like the title of the form suggests.
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