I elected to transfer the credit ($3,750) to the dealer at the time of the purchase. I completed Form 8936 and the Schedule A associated with Form 8936.
My question is where/how is the fact that I transferred the credit at the time of the vehicle purchase reflected on the Tax Filing - i.e. what line item(s) and on what schedules or forms show that I transferred the credit?
I had no errors from Turbo Tax when filing and answered the question(s) about transferring the credit to the dealer. My return was accepted over 4 weeks ago. I have never waited that long for a refund after acceptance of the form.
In reviewing my 1040 and associated schedules (like Schedule 3 and the Form 8936 and its schedule A), I don't see where the fact that I transferred the credit to the dealer is directly reflected on the 1040 or the Schedule 3 or on the 8936 and its schedule A.
I have not received a letter from the IRS, but the text on the "where's my refund" section of the IRS website says my filing is being reviewed.
Any insight as to how the transfer of the credit is reflected on the 1040? I think the refund actually shown on my 1040 is $3,750 too high, but don't know for sure.
