No there is no federal tax credit for installing an electric car charger at your home in 2018. The 30% federal tax credit for installing electric vehicle charging stations at your home or business expired at the end of 2017. However, some states still have a tax credit for installing electric vehicle charging stations at your home.
The link below provides information that you may find useful.
Did this change due to an amendment made to the year-end spending bill, taxpayers will once again qualify for a 30% rebate (up to $1,000) on costs associated with the installation of an EV charging station.
It does appear as though there will be a credit available for installing an Electric Vehicle Charger at home for 2019.
"Sec. 103. Credit for alternative fuel vehicle refueling property (sec. 30C). The provision extends through 2019 a credit for the installation of alternative fuel vehicle refueling property placed in service before 2020 Available for property that dispenses alternative fuels including ethanol, biodiesel, natural gas, hydrogen, and electricity, the credit is capped at $30,000 per location for business property and $1,000 for property installed at a principal residence." Tax Extenders 2019
Does the credit only apply to the charger or for the installation of 240V electrical outlet also?
Possibly. This depends on a few things.
In order to claim the credit for the installation of the outlet, the following criteria would have to be met:
Also, please note, this credit was extended for the 2019 tax year so the forms and instructions are not yet available for 2019.
Is there a way to sign up for notifications when this form becomes available in TurboTax? I could not find such a means. Thanks
While TurboTax does not provide form notification, you can click Forms Availability to see when form 8936 will be available. The current availability date is February 5, 2020.
Form 8936 is not the EVSE form. We are looking for 8911 which is missing from the "
IRS forms availability table for TurboTax individual (personal) tax products
" list and the "Which IRS forms are not included in TurboTax?" list.
According to this IRS website Legislative Impact on Tax Forms the forms for the Credit for alternative fuel vehicle refueling property are not available for 2019 yet.
The website states "For now, taxpayers can file as they normally would, but cannot claim any of these expired provisions."
It looks like turbo tax updated their supported form listing.
https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_online_individual.html
It says now that "Form 8911, Alternative Fuel Vehicle Refueling Property Credit" will be available 02/12/2020.
Turbo tax updated their supported form listing yet again.
https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_online_individual.html
It says now that "Form 8911, Alternative Fuel Vehicle Refueling Property Credit" will be available 02/20/2020.
^This site now shows that it's available, but I can't find it. When I type in 8911 it takes me to the 'General Business Credit' page, which has 8911 as one of the options to manually type in.
I filled out the 8911 manually and then entered the details on the form above, but my return was rejected because I didn't attached 8911. So, I'm guessing it's still not working?
Anyone figure this out?
Look in the Deductions and Credits section. You may have to click a button that says "Show more tax breaks"
Even though the installation would seem to be an improvement to your house, the 8911 data is in a section under "Car" in the same section that mentions Electric Vehicles. I think if you go through the interactive questionnaire for installing a car charger in the Car section of Deductions & Credits you'll end up with an attached form 8911.
Found it! Thank you 🙂
For other's reference, DavidGreene was spot on. Deductions & Credits -> More Tax Breaks -> Car -> Energy Efficient Vehicle Charging Station
But when I enter the amount for this 8911 form, it didn't show any dollar amount in the form and did not apply any tax credits. Does anyone know why? Thanks!
There is still a glitch with form 8911 where those with a legitimate credit owed and verified total tax > 0 are still only showing $0!
I can't file until this is resolved. TT - What's going on, and what's the ETA on the fix?
What version of the software are you using?
There are questions regarding the calculation of the Form 8911, Alternative Fuel Vehicle Refueling Property Credit and who qualifies for the personal part of this credit. The most common reason taxpayers do not qualify for this credit is that the calculation of regular tax after credits compared to Tentative Minimum Tax results in the credit being disallowed based on the amounts in the taxpayer(s) return. This is due to IRS instructions for this form.
The Form 8911 for personal installations is calculated based on certain requirements and calculations:
The following requirements must be met to qualify for the credit.
You placed the refueling property in service during your tax year.
The original use of the property began with you.
The property isn’t used predominantly outside the United States.
The property must be installed on property used as your main home.
The personal credit calculations are as follows:
Line 1 Cost of the refueling property For personal use, skip lines 2-9.
Line 10 equals Line 1
Line 11 equals Line 10 times 30%
Line 12 equals $1,000 (unless you moved during the tax year and installed a refueling property at both residences, then the maximum is $2,000)
Line 14 is your regular tax before credits
Line 15 a and b are credits which reduce regular tax before the Form 8911 credit
Line 15c equals a and b total.
Line 16 is line 14 minus Line 15c (remaining regular tax after tax credits)
If this is zero or less, you do not qualify for a personal 8911 credit
Line 17 equals Tentative Minimum Tax
(Even if you do not have to pay Alternative Minimum Tax, the Tentative Minimum Tax is part of this calculation. Turbo Tax does this calculation for you.)
Line 18 equals Line 17 from Line 16.
If this is zero or less, you do not qualify for a personal 8911 credit.
Using turbotax online. @VictoriaD75 How can I see my form 8911 with my numbers associated with it? I printed my return (haven't filed yet) and do not see form 8911 attached. How can I view this form with my numbers with turbotax online?
If you have paid for your return when you go to the Print Center on the left hand side you can view or print your return. Form 8911 should be part of the forms your can print or view.
@DianeC958 I have paid for my return. Form 8911 is missing due to the credit being $0. I owe tax greater than the amount of this credit so it should not be equal to $0. It appears the turbotax logic used to calculate the credit is incorrect. Can you please have someone on the team double check this logic as the problem is widespread (from what I've read)
Can you please provide a diagnostic copy of your return with the incorrect calculation? This will allow us to investigate this issue further.
Using TurboTax Online, use these steps:
Thank you for sharing your diagnostic copy.
After examining Form 8911 in detail, the reason you are not able to claim the credit for your charging station is related to Alternative Minimum Tax (AMT). AMT is a part of the calculation for the credit claimed on Form 8911, whether your particular tax return is subject to AMT or not.
There is a tentative minimum tax for AMT that is calculated in the background as your return is completed. Form 8911 compares that tentative minimum tax to the net regular tax after certain other credits have been taken into account. If the tentative minimum tax is greater than the net regular tax, then the Form 8911 credit is disallowed.
Unfortunately, the instructions for Form 8911 do not specifically spell this out so that it can be better understood or explained.
For your reference, here is a link to the instructions for Form 8911: Instructions for Form 8911
However, in my case, the Tenative Minimum Tax is >$1.5 k less than the regular tax. I qualify for all other requirements for the Form 8911. After I fill in the information of the charge station, I still didn't get the credit. Then what could be reasons? Thank you!