KathrynG3
Expert Alumni

Deductions & credits

I recommend deleting the form and re-adding it to property receive the $1,875 credit.

 

To delete a form:

  • From the left menu, select Tax Tools
  • Tools
  • Delete a form
  • Scroll to Form 8936 and delete.
  • Follow through the rest of the prompts and click Done.

To re-add a form:

  • From the left menu, select Federal
  • Deductions & Credits
  • See All Tax Breaks, scroll down to Cars and Other Things You Own and select Show More
  • Energy-Efficient Vehicles click Start
  • Re-enter your details for the Chevrolet Bolt

Additional resources regarding Electcrical Vehicles:

Yes, as you noted, the Chevrolet Bolt credit is $1,875 per the IRS Electric Drive Motor Vehicle Credit Index of Manufacturers.

IRS Notice 2009-89

IRC 26 U.S. Code Section 30D New Qualified Plug-In Electric Drive Motor Vehicles