Why does Alternative Vehicle Refueling Property Credit form 8911 continue to calculate $0 credit?

[SHA6]

Hello AnnetteB6

Thanks for responding to my post. 

My token # 1266411

Census tracts GEOID [phone number removed]

I used turbotax online.

Please let me know why I am not getting credit for installation of Tesla Charger.

Thanks

[AnnetteB6]

There is a very common reason that taxpayers are not eligible to claim the Alternative Fuel Vehicle Refueling Property Credit on Form 8911.  It is related to the tentative minimum tax calculation.  

Even though you may not be subject to Alternative Minimum Tax, it is calculated at the same time as the regular income tax.  The tentative minimum tax is compared to your regular income tax on Form 8911.  If the tentative minimum tax is greater than the regular tax, then the Form 8911 credit is disallowed.  

Without giving any specific numbers from your return, Form 8911 line 17 is about $2700 greater than line 16.  Therefore, the credit is disallowed due to the tentative minimum tax.  

Even though Form 8911 will not be included as part of your tax return because the credit is disallowed, you should be able to specify Form 8911 to be printed or previewed from the Print Center using TurboTax Online to take a look at the details. 

@SHA6 

[SHA6]

Thank you very much for explanation.

[SHA6]

Hi,

One more question. I am using turbotax online. I want to see form 8911 using print center but not able to see. I do see Schedule 1 ( form 8911) but that doesn't have minimum alternative tax. Please guide me how to see correct form 8911 which provide me reason for not allowing credit.

Thanks

Shiv

[AnnetteB6]

Take a look at the following TurboTax help article for some detailed information about printing specific forms when using TurboTax Online.  Be aware that you will not have access to everything until the TurboTax fee has been paid if you are using TurboTax Online.  

When you get to the Print Center menu, choose Specific Forms.  This will give you a list of all the forms and worksheets used in your return.  Scroll until you see Form 8911.

Can I print a copy of my return in TurboTax Online before I file it?
 

@SHA6