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TT 2021 Online Form 8911 (Alternative Fuel Refueling Property Credit) Not Calculating Correctly

Using TurboTax 2021 Online.  I entered $1744 for the purchase and installation of an EVSE and TurboTax only credits me $240 (~14%), but the credit should be $523 (30%).  I have plenty of remaining Federal Tax Liability (>$20k).

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2 Replies
DMarkM1
Expert Alumni

TT 2021 Online Form 8911 (Alternative Fuel Refueling Property Credit) Not Calculating Correctly

As you alluded to in your question, the credit is non-refundable and will only reduce your income tax to zero.  You mention you have a tax liability of >$20K.  It is probable that tax liability is not from income tax but other taxes such as self-employment taxes.  You can see your 1040 using these steps.  Look at lines 20-24 on your form 1040.  You can also see schedules 2 and 3 for the credit and other taxes entries. 

 

  1. "Tax Tools" in the left hand menu
  2. "Tools"
  3. "View Tax Summary" in the main screen
  4. "Preview My 1040" in the left hand menu

 

 

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TT 2021 Online Form 8911 (Alternative Fuel Refueling Property Credit) Not Calculating Correctly

Thanks so much for replying and showing me where to check this!  But, I was still right that my remaining tax (line 22) is still $24k after all credits.  Other tax is $4k (Line 23).

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