topic repay dealer transferred ev credit in Deductions & credits

repay dealer transferred ev credit

bk251 — Thu, 23 Jan 2025 14:47:31 GMT

transferred ev credit at time of purchase, and TurboTax correctly calculated magi as too large to get ev credit, but did not update Federal tax owed per:

SCHEDULE 2 (Form 1040), line 1b (Repayment of new clean vehicle credit(s) transferred to a registered dealer from Schedule A (Form 8936))

all 8936 forms and sched 2 (form 1040) are allegedly ready for efile per:
https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg

it appears 8936/sched 2-1040 forms are not ready or this is a programming issue. anyone else see this issue?

Re: repay dealer transferred ev credit

iatax2025 — Tue, 28 Jan 2025 03:47:02 GMT

Same here, please let us know if you find a solution, thanks!

Re: repay dealer transferred ev credit

Subliminll — Wed, 29 Jan 2025 10:44:17 GMT

Same here, i'm sure there will be many more. Please post if this gets resolved or if anyone find another tax prep service that will calculate this correctly.

Re: repay dealer transferred ev credit

bk251 — Thu, 30 Jan 2025 11:20:27 GMT

issue is 'diligently ' being worked:

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-do-i-do-if-i-transferred-a-clean-vehicle-tax-credit-to-the-dealer-and-did-not-qualify-for-it/00/3432217?relatedcontent=3430431

Re: repay dealer transferred ev credit

AmyC — Thu, 30 Jan 2025 23:53:46 GMT

We are aware of the issue and developers are working to correct the issue.

@Subliminll

Re: repay dealer transferred ev credit

bk251 — Fri, 31 Jan 2025 17:23:23 GMT

@AmyC

any update as to when this issue will be resolved?

Re: repay dealer transferred ev credit

RachelW33 — Mon, 03 Feb 2025 03:10:05 GMT

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@bk251

@iatax2025

@Subliminll