Anonymous
Not applicable

Deductions & credits

@jcoop12 if you delete your EV entry and restart, it should calculate correctly. It should calculate $7500 for you and automatically reduce it to $3750 (if it's 50%). You can see if it did it right by looking at the forms. BEFORE you submit it for e-file, select the option to download the Federal form and open it in adobe. Then, search for "8936" and look for form 8936. There in the fields you should see for 4a a value of $7500, and 4b a value of 50% or 25%, and for 4c, it should be 4a multiplied by 4b (so $3750 or $1875). If these values look right, you should be good to go.  Previously, 4a and 4b were correct, but 4c was always $7500 instead of the multiplied "Tentative Credit" amount - which was the error.

 

So check the form to make sure it's been done right before e-filing 🙂