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Level 1
posted Mar 26, 2023 8:45:58 PM

I purchased a qualified EV in 2022. Where can I find form 8936 in Turbotax?

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1 Replies
Expert Alumni
Mar 27, 2023 5:06:47 AM

To prepare a Form 8936, please follow these steps.

 

Under Federal

  1. Go to Deductions & Credits
  2. Scroll to Cars and Other Things You Own [Show More]
  3. Select Energy-Efficient Vehicles
  4. Follow the interview.
  5. This will generate the Form 8936

Reminder: If you're not sure of something, select the (?) next to the topic for more details.


If you bought a new, qualified plug-in electric vehicle (EV) in 2022 or before, you may be eligible for a clean vehicle tax credit up to $7,500 under IRC Section 30D(g) Qualified 2- or 3-Wheeled Plug-In Electric ...

 The credit equals:

  • $2,917 for a vehicle with a battery capacity of at least 5 kilowatt hours (kWh)
  • Plus $417 for each kWh of capacity over 5 kWh
  • The maximum credit is $7,500. It is nonrefundable, so you can't get back more on the credit than you owe in taxes. 
  • You can't apply any excess credit to future tax years.

IRS EV Credit

Filing Tax Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit

If this does not completely answer your question, please contact us again and provide some additional details.