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:
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 IRS wesbite referenced shows hte form is avialable, however I still get "zero" also. Note that I do NOT pay AMT
It works fine for me. Where do you get zero?
Look at lines 10-19 on the 8911 form for the calculations. If your tax liability is zero then there is nothing to credit.
I think I figured this out. The form uses the tentative AMT, not the actual AMT. The form 8911 then subtracts all credits from the regular tax. Note this includes the 7,500 from form 8936. The tentative AMT is subtracted from the regular tax modified by the credits. The end result is an inability to use any of the credit from form 8911.
Thanks, bcroth15. So is TurboTax correctly calculating the credit, or does it need to be modified?
@dGKodes - It appears that TurboTax is following the IRS 8911 that says to use line 33 of the 6251 (tentative AMT) on line 17 of the 8911 (and not the actual AMT) to calculate the allowable part of the credit.
From the IRS 8911 instructions for line 17: <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/i8911.pdf">https://www.irs.gov/pub/irs-pdf/i8911.pdf</a>
Line 17
"Although you may not owe alternative minimum tax (AMT), you must still figure the tentative minimum tax (TMT) to figure your credit. Complete and attach the applicable AMT form or schedule and enter the TMT on line 17."
Is this for real? So every other EV/Green Credit is outside AMT but this one needs to consider it?
That is not new and has been in the tax law for previous years. The tax extended bill did not change the law, it only changed the expiration date of the law from December 31, 2016 to December 31, 2017. That is the only change that was made.
I ran into the same thing, was really expecting to get this extra refund. I wish that Turbo Tax would still include the forms it use to calculate this though.
It is calculated on the 8911 form - print all forms and worksheets.
Just did this by hand and since my tentative min tax (line 17) is larger than my net regular tax (line 16) I'm not eligible, so TurboTax was correct. I don't pay AMT
Form printed correct for me but when submitted to IRS, $212 credit was denied and I was sent a bill. I refer to line 10 instructions on form 8911. "Do no file this form unless you are claiming a credit on line 9". Help us TurboTax.
Well, was line 10 a zero? If it was, then there should be no credit.
If you were due a credit then the IRS letter should tell you haw to dispute the IRS ruling - they do make mistakes.
No line 10 was $708.00. The instructions for line 10 say unless you have a credit in line 9 (business/investment use part of credit) then you can’t claim line 10 (personal use part of credit). I don’t have a business so I can’t claim personal credit doesn’t seem right to me? Meanwhile TurboTax allowed the form to go through and be submitted. None of the checks or reviews caught any error?
@larryvzirilli - Line 10 is line 1 minus line 2 and has nothing to do with line 9 which is in Part II (Business Use). Line 9 is Part III (Personal use).
You are mis-reading the line 10 instructions that says: "Subtract line 2 from line1. If *ZERO* stop here...unless...".
Since line 10 is NOT zero, you do not stop there. You complete the personal use section and get the credit.
There is no error to catch.
@macuser_22 , Okay, I see what you are saying. That is what TurboTax did and the IRS sent correction in my tax owed by $212. I guess I will call them and ask why that amount was disallowed. Thanks for your help.
Yes, that is the course to take. They might have some other reason for disallowing it or they just made a mistake. The letter should have a contact number to call - be sure to give the case number on the letter when you call.
Will do. Thanks @macuser_22 . Appreciate you, brother!
Okay, here is the lowdown from my phone-call to the IRS. They said there was no form 8911 transmitted with my return. I have my printed copy from when I filed and the form is there. The only thing I can figure is that during the above mentioned time that TurboTax was working on the 8911 form fix it somehow was unable to be transmitted electronically. TurboTax, any possibility that this could be true. I am supposed to make copies of everything and send to them, which I will do today. Thanks everyone for your help and I will get back when final outcome is confirmed. Approx 8-12 weeks.
The 8911 was not available for e-file until about 3/8/2018. I know of no way to verify that it was actually transmitted but there is no reason to believe that it was not. Because, adding the 8911 form also required changes in the IRS e-file software (MeF system) and changes in the main IRS processing system to accept that form, there is also a chance that the IRS e-file received the form but lost it or failed to forward it to the main processing system.
I know of no way to track any specific form to see where and who lost it - the IRS was updating there systems software almost ever Sunday night during that period.
That form has not yet been released for e-filing by the IRS. The estimated date is 3/8/2018.
They shouldn't have added it back to the site if it doesn't work though. It was gone for awhile, but now is back and totally broken...
The 8911 form says "Do Not File" on it until it is finalized by the IRS.