DMLou
Member
I'm getting mine installed this Friday, so I'm good. Don't have the car yet though...
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2019 IRS Form 8936
- Thread starter JSWE
- Start date
It seems 8936 has been scrubbed from their list of forms.... wonder what’s going on now...
So if you paid someone to install you use that amount and not the amount you paid for the wall charger itself, right? Or is it both?
Knightshade
Well-Known Member
AFAIK it's the total cost- so parts and labor would both count.
At least I'm having fun ripping on TurboTax on Twitter... They replied saying irs hasn't released the forms.. To witch i reply with a screen shot of the released form!
Dogtone
Member
From 8911 instructions
Qualified alternative fuel vehicle refueling property is any property (other than a building or its structural components) used for either of the following.
• To store or dispense an alternative fuel (defined below) other than electricity into the fuel tank of a motor vehicle propelled by the fuel, but only if the storage or dispensing is at the point where the fuel is delivered into that tank.
• To recharge an electric vehicle, but only if the recharging property is located at the point where the vehicle is recharged.
In addition, the following requirements must be met to qualify for the credit.
• You placed the refueling property in service during the tax year.
• The original use of the property began with you.
• The property isn’t used predominantly outside the United States.
• If the property isn’t business/investment use property, the property must be installed on property used as your main home.
the underlined bold enlarged text part of the quote leads me to believe that only the actual charger is eligible for credit
Qualified alternative fuel vehicle refueling property is any property (other than a building or its structural components) used for either of the following.
• To store or dispense an alternative fuel (defined below) other than electricity into the fuel tank of a motor vehicle propelled by the fuel, but only if the storage or dispensing is at the point where the fuel is delivered into that tank.
• To recharge an electric vehicle, but only if the recharging property is located at the point where the vehicle is recharged.
In addition, the following requirements must be met to qualify for the credit.
• You placed the refueling property in service during the tax year.
• The original use of the property began with you.
• The property isn’t used predominantly outside the United States.
• If the property isn’t business/investment use property, the property must be installed on property used as your main home.
the underlined bold enlarged text part of the quote leads me to believe that only the actual charger is eligible for credit
Knightshade
Well-Known Member
Why?
The 240v circuit (and subpanel it required) I had to pay to have installed is just as much "property used to recharge my vehicle" as the wall charger itself is.
What Is Form 8911: Alternative Fuel Vehicle Refueling Property Credit - TurboTax Tax Tips & Videos
Turbotaxes advice also states the max credit is $1000 or "30 percent of the installation cost" which obviously would include any reqiured labor.
i hate them too. I went with mint as an aggregator vs all the other sites b/c they claimed to integrate with TT. 5 years later they still don't import transactions
They're all owned by Intuit too..Does HR Block import transactions from mint type aggregator sites (not specific brokers)
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Seriously. I'm going to start on HR block. Tried creditkarma, but my state return is 300 less.
I am so close to switching over to creditkarma if turbotax haven't gotten their $h!t together by the time the 8911 form is release.
The only reason I haven't yet is that I have already imported all my tax information into TT already. I am just waiting on form 8936 and 8911 to submit everything.
The only reason I haven't yet is that I have already imported all my tax information into TT already. I am just waiting on form 8936 and 8911 to submit everything.
Ya, TurboTax has made it so easy to continue using them by having them maintain all my info and it's literally three or four taps on my phone every year and then updating about 3 values from my W2... I'm also horrible at keeping organized records so I pay the whatever it is ($40?) a year to have TurboTax maintain my records. Then I just pull out my phone and within seconds can pull up the information I need where ever I am.... but they're dropping the ball so hard on it this year that I'm almost ready to switch away too.
Knightshade
Well-Known Member
You don't need receipts unless they audit you (which is insanely rare anymore- like half of one percent of returns or something)
Just wondering. How do you add form 8911 when its released in TT? Where would form 8911 be located in deductions? I know 8936 was under Vehicles.
They are working to release form 8936 this week based on their last reply today.
Solved: Re: Form 8936 (2019) - Page 7 - Community
"4 hours ago
TurboTax programs our software and forms based on information and instructions provided by the IRS.
The forms initially expected to be available today (February 12, 2020) in TurboTax were subjected to additional last-minute updates from the IRS.
As @godsbeloved_03 pointed out above, the new date from the IRS for the eFile version of the form is now listed as 2/14/2020, although I am hesitant to quote that date.
We will add the form back to our list as soon as our developers have the opportunity to review the changes made overnight and determine what is required to program them for our software.
We can't comment on what any other company has available - we only know that as of today, there is no IRS approved version of the form available for the e-File system. "
If there were last minute changes from the IRS, then do you think other tax company's efile were affected too?
They are working to release form 8936 this week based on their last reply today.
Solved: Re: Form 8936 (2019) - Page 7 - Community
"4 hours ago
TurboTax programs our software and forms based on information and instructions provided by the IRS.
The forms initially expected to be available today (February 12, 2020) in TurboTax were subjected to additional last-minute updates from the IRS.
As @godsbeloved_03 pointed out above, the new date from the IRS for the eFile version of the form is now listed as 2/14/2020, although I am hesitant to quote that date.
We will add the form back to our list as soon as our developers have the opportunity to review the changes made overnight and determine what is required to program them for our software.
We can't comment on what any other company has available - we only know that as of today, there is no IRS approved version of the form available for the e-File system. "
If there were last minute changes from the IRS, then do you think other tax company's efile were affected too?
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