Form 8911 EV charging

Technical topics regarding tax preparation.
#1
WEISSEA  
Posts:
2076
Joined:
21-Apr-2014 5:20pm
Location:
California and Nevada
Client bought a n EV charger for his Tesla.

1. The alternative fuel vehicle refueling property credit expired for refueling property placed in service after 2017. Has it been extended for 2018(Proseries thinks not).

2. If extended do you use form 8911 or is it a direct entry on Form 3800 Part III?
 

#2
Posts:
496
Joined:
12-Jun-2014 6:13pm
Location:
North Carolina
https://www.irs.gov/pub/irs-pdf/i8911.pdf

The "purpose of form" section is pretty clear ...
Because on T.A. ten was the most you were allowed
 

#3
WEISSEA  
Posts:
2076
Joined:
21-Apr-2014 5:20pm
Location:
California and Nevada
The IRS recently updated Form 8911 on their website for the Federal Tax credit for installing a home EV charging system. From the website and link below:

"These lines are now shown as “Reserved for future use” in case Congress extends the credit for 2018."
 


Return to Taxation



Who is online

Users browsing this forum: Google [Bot], JoJoCPA, rkrcpa and 94 guests