1051774
You'll need to sign in or create an account to connect with an expert.
Good news! The form is now available for TurboTax online!
Happy tax season everyone.
Phase out calculation is wrong. I purchased a Tesla in October 2019. The credit should be 25% of $7500= $1875 but Turbotax tells me it is $7500.
Turbotax please fix this ASAP so that we can file our taxes.
The Qualified Plug-in Electric Drive Motor Vehicle Credit or Form 8936 is not calculating correctly. The tentative credit is showing as too high.
This issue is projected to be fixed by 02/21/2020.
You can sign up here to receive email notifications when updates related to this issue become available.
Please see this TurboTax Help Article for more information.
@aliveli4950
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
teewilly1962
New Member
Binoy1279
Level 2
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
ssolfest
Level 2
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
RE-Semi-pro
New Member
user17524358924
Level 1