Our Scorp purchased and EV vehicle for delivery. How do I claim the Virginia credit?
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If you fill out form 8936 for the S-Corp and claim the electric vehicle credit then the information should flow through to your Virginia return for any available credits.
Form 8936 doesn't seem to be available when I search. Would it be with the 1120S or the 1040? Somewhere I read the info should show up on my Schedule K??
The S corp files the 8936 and gives you a k-1. The k-1 allows you to report it on your taxes. The 8936 is not currently showing available in the Business program. You can check here by selecting the dropdown as windows, select 1120 S and federal for the boxes.
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