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Level 2
posted Jan 27, 2025 3:39:25 PM

8936 not bringing over to LIABILITY

I bought a new car last year

 

i got to the review forms part. I have an amount in 1040 line 18 but it didn’t line 9 of 8936 a. 

 

0 4 212
4 Replies
Employee Tax Expert
Jan 30, 2025 8:24:03 PM

Are you looking for a credit to go against your tax liability?

 

The Credit from Form 8936 goes onto Schedule 3.

All your credits from Schedule 3 goes to your 1040 line 20

 

Line 18 is just adding the amount from the tax tables and additional tax from Schedule 2. 

 

Look at Schedule 3 and your 1040 line 20 for the credit 

Level 2
Jan 31, 2025 5:33:19 AM

It did not include a Schedule 3 in this package. 

 

I would like to make sure my credit is actually being used towards the car so i dont have to pay back the entire 7500 that tesla discounted. 

Employee Tax Expert
Feb 12, 2025 3:31:51 PM

If there is not a Schedule 3 or an amount on Line 31 (1040), the credit is not being applied to your tax return.  You will want to go through the Energy-Efficient Vehicles Section again.  @Swimmerbhs 

Level 2
Feb 13, 2025 7:01:03 AM

There in lies the problem