TurboTax IRS Form 8936 Qualified EV Credit Section Now Available

[RickMachE]

Question, I had the building put in a 50 Amp charger in 2021. Should I have put that on tax credit? Currently doing the same this year. Can I put that on taxes?

You don't "put that on tax credit". The EV tax credit is not the same as the installation and charger credit.

If you paid for the installation of a charger in 2022 at your main home, then in 2023 you file form 8911 and get a 30% credit for the charger and installation, up to a max credit of $1,000. If you didn't pay for it, you can't take the credit.

If this is a business, then you are taking any tax credit, the business is, and it has specific rules - https://www.irs.gov/instructions/i8911

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[Shelbeast]

You don't "put that on tax credit". The EV tax credit is not the same as the installation and charger credit.

If you paid for the installation of a charger in 2022 at your main home, then in 2023 you file form 8911 and get a 30% credit for the charger and installation, up to a max credit of $1,000. If you didn't pay for it, you can't take the credit.

If this is a business, then you are taking any tax credit, the business is, and it has specific rules - https://www.irs.gov/instructions/i8911

Thanks,

they both were/are new home residence builds. Can I go back and amend tax for installation in 2021. And then I would claim next year the one I am building now.

 

[RickMachE]

Thanks,

they both were/are new home residence builds. Can I go back and amend tax for installation in 2021. And then I would claim next year the one I am building now.

There is nothing stopping you from amending a tax return.

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