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Anyone filed taxes for the $7500 tax credit yet?

Discussion in 'Model S' started by viper2ko, Feb 14, 2018.

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  1. viper2ko

    viper2ko Member

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    I'm using turbotax but it keeps pushing the date back, it was 2/13, then 2/15, now 2/23. Says it's waiting on the new form 8936.
     
  2. Tam

    Tam Well-Known Member

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    I don't know about Turbotax but for H&R, it has been there since I bought the tax software in 12/2017!

    upload_2018-2-14_17-40-47.png
     
  3. luwx

    luwx Member

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    Last time I checked (a couple of weeks ago) taxact was not ready yet.
     
  4. ItsNotAboutTheMoney

    ItsNotAboutTheMoney Well-Known Member

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    There always seems to be a delay on that form. I seem to remember that it took until mid February when I claimed it in 2014 (for 2013) for our Volt.

    Maybe this time they're going to update ready for the 200,000 next year.
     
    • Like x 1
  5. Tam

    Tam Well-Known Member

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    I don't see why putting up with cheaper incomplete tax software when you can get form 8936 with H&R Block Deluxe & State by paying up a little bit more for a price of $25.99.

    You can do simple H&R Block for free online but if you want to use form 8936 online, it would cost you $34.99 for the Deluxe & State version.

    upload_2018-2-14_19-1-22.png
     
    • Like x 1
  6. ItsNotAboutTheMoney

    ItsNotAboutTheMoney Well-Known Member

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    Jeez, he was just noting that it didn't have the form available yet.

    As I noted, there's often a delay on that form.

    I use Free File Fillable Forms (simple tax affairs).

    List of Available Free File Fillable Forms | Internal Revenue Service

    That says it will be available on 3/1/2018 and

    A limitation for Free File Fillable Forms will be that it will only allow 1 vehicle:
    The 2016 and earlier form had Vehicle 1 and Vehicle 2. Maybe they've decided to make it one vehicle per form.
     
  7. MurrayJimW

    MurrayJimW Member

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    According to Electrek, charging station installs have been retroactively made deductible for 2017 as well. I use TurboTax and this is not even addressed in the software yet (much less having the form available). If you installed a charging station in 2017, you may want to wait even a bit longer after form 8936 becomes available to see what must be done to receive this deduction as well.
     
  8. Tam

    Tam Well-Known Member

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    Thanks for the news of the delay but I don't see why people delay if they can use it now as it has been available since I bought the software 3 months ago:

    upload_2018-2-14_20-34-8.png
     
  9. Mediocrates

    Mediocrates Member

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    You are confused as to which organization takes precedence in the chain of tax filing. It doesn't matter what the software says, the 2017 form has not been released by the IRS. You would not be able to file taxes with the H&R block software and take the relevant electric vehicle credit.

    You can see this by examining the form and instructions here, which are still for 2016:

    About Form 8936 | Internal Revenue Service

    You can also review the IRS content provided by @ItsNotAboutTheMoney.
     
    • Like x 1
  10. hulk2k17

    hulk2k17 Member

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    I'm using TT also and ran into the same "form not available yet" error. I also checked the IRS website and it only had the 2016 form. There's some TT community topics about the charging station credit as well.
     
  11. PhaseWhite

    PhaseWhite Member

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    It's odd, since there has been no changes to the EV Credit law that we would need a new form to be created every year and that there would be complexities that would cause a delay but what do I know.
     
  12. Plan B

    Plan B Active Member

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    I do my taxes on Turbo Tax, I was told the 1st now it's the 23rd. Same thing happened last year.
     
  13. dbldwn02

    dbldwn02 Member

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    I used H&R block software and filed already. Still processing for the last week and a half though. No updates.

    H&R block software did not file my Colorado state rebate correctly. I got a notification from the DOR within 4 days saying I needed to fill out an additional form for the EV credit and send it in. I might take up H&R on their 100% satisfaction guarantee and get my $70 back. I'm only 99.9% satisfied. Lol.
     
  14. boonedocks

    boonedocks Active Member

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    It will be interesting if the folks filing with H&R Block get their taxes bounced back or not. 2017 Form 8936 is NOT available yet and wont be for a couple of weeks according to the IRS.gov web site:

    Form 8936

    Qualified Plug-in Electric Drive Motor Vehicle Credit - Known Limitations

    3/1/2018


    Keep us up to date as to whether you get IRS confirmation or bounce back please. I have been a LONG time TurboTax user but if I could get a months jump on my refunds I would certainly consider changing next year.
     
    • Informative x 1
  15. ℬête Noire

    ℬête Noire Active Member

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    Hmm, interesting. My accounting expected to have us sign and file early next week. I have about the same amount again as the rebate coming back, so I might get them to submit anyway and then file an amendment later when the 2017 ver. of the 8936 is released.
     
  16. marine_cwo

    marine_cwo Member

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    Keep us up to date as to whether you get IRS confirmation or bounce back please. I have been a LONG time TurboTax user but if I could get a months jump on my refunds I would certainly consider changing next year.[/QUOTE]


    I filed my taxes through H&R Block a week ago and I received confirmation from IRS that my paperwork has been accepted. After seeing this thread I reached out to H&R Block and asked about the forms loaded within their software. It was explained to me that if the form was not valid it would not be loaded into the software. I was given examples of other forms that are not accessible and I was reassured that my paperwork would not get rejected because the EV Tax Credit form.

    I will provide update if tax return gets rejected.
     
  17. DarkMatter

    DarkMatter Member

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    I took the rebate using Tax Slayer to do the prep. No issues from the IRS and the money has already hit my account. I might have to file an amended return because they sneak extended the energy efficiency home improvement credits, but that's another matter entirely.
     
    • Informative x 1
  18. dbldwn02

    dbldwn02 Member

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    • Like x 2
  19. boonedocks

    boonedocks Active Member

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    I sent an email to TurboTax about this earlier today and received this respines about 7:30pm EST tonight:

    D35F2F63-5812-4802-903C-CBAB43A33F3D.png
     
  20. BinaryField

    BinaryField Member

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    I used FreeTaxUSA and it generated the form to claim the EV tax credit. I've received the money with no problem.
     

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