- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Your credit may be coming up as zero because your tentative minimum tax is equal to your net regular tax. In that case, you would not have an alternative minimum tax (AMT) but you would still be denied the refueling property credit. Also, just because you owe money does not mean you have an income tax, as there may be other taxes such as self-employment taxes that the credit does not apply to.
You can look on your form 1040, line 16 to see if you have an income tax to apply the credit to. Also, you can look on Form 8911 Alternative Fuel Vehicle Refueling Property Credit to see how your refueling credit is being handled. If you are using the online version of TurboTax, you can see Form 8911 once you pay for the program.
To see your form 1040 while working on your program using the online version of TurboTax, follow these steps:
- Click on Tax Tools in the left menu bar
- Click on Tools
- Look under Other Helpful links….
- Choose View Tax Summary
- Look in the left menu bar and choose Preview my 1040
You can use this link to see how form 8911 works: Refueling credit
**Mark the post that answers your question by clicking on "Mark as Best Answer"