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Level 1
Apr 3, 2025 7:00 PM UTC
Question

Form 8936

At time of purchase in late 2024, Dealer took credit. Filing my 2024 return, I find I am not qualified to take redit as income exceeded limit. Form 8936 does not seem to tell me how to repay $7,500 credit. Do I add to my tax due om 1040? send8963 separately? Where? Could not find any help in IRS instruction or Turbo Tax.

 

1 reply

Alumni - Intuit
Apr 3, 2025 7:12 PM UTC

When you walk through the steps in TurboTax regarding the EV credit, if you do not qualify it will then be reported on Schedule 2 line 1b. 

 

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