Greetings @Dana2
It is not yet known if this credit will be renewed for the 2018 tax year.
Per the instructions for Form 8911: "The alternative fuel vehicle refueling property credit expired for refueling property placed in service after 2017. At the time these instructions went to print, Congress had not enacted legislation on expired provisions. To find out if this legislation has been enacted, go to IRS.gov/Extenders. ".
When will the 2019 tax form 8911 be available? I understand that the Alternative Fuel Vehicle Refueling Property Credit was renewed / reinstated for tax year 2019.
@EVpower wrote:
When will the 2019 tax form 8911 be available? I understand that the Alternative Fuel Vehicle Refueling Property Credit was renewed / reinstated for tax year 2019.
There is no date specific for the Form 8911 as the IRS has yet to provide the updated form or instructions for tax year 2019.
when is IRS required to provide an updated form after legislature has been placed in force.
@Ngtx wrote:
when is IRS required to provide an updated form after legislature has been placed in force.
That is entirely up to the IRS. In the past, when Congress has passed a late tax bill it has taken the IRS several months to supply the new forms. The IRS first writes the new paper form, then the instructions, then they must write the electronic specifications for that form and get that to the e-file providers, like TurboTax. Only then can the e-file providers write the new form with must then be submitted back to the IRS for approval before it can be released to customers. That usually takes 2-3 weeks after the IRS issues the paper form. Hopefully that will be done prior to the April 15 due date.
That is only one of several affected forms.
I just found out that Public Law 116-94 retroactively extended the Alternative Fuel Station Tax Credit (Form 8911) through Dec 2020 for equipment put in place after Dec 2017. This allows you to make a credit of 30% or $1000 (whichever is less) for the equipment and installation cost of an EV charger in your home (to include panel upgrades etc). IRS has a new form 8911 rev. 2/2020. Up to Intuit to update Turbo Tax for 2019 and 2018 form. Not sure how long that will take. I need to amend my 2018 return since I installed it during that year so will be waiting for that to happen soon. Hope they are listening.
It's crazy that it's taking this long. IRS information has been updated and its nothing new so it should be straight forward.
https://www.irs.gov/instructions/i8911
"Credit extension.
The section 30C alternative fuel vehicle refueling property credit is retroactively extended for fuel sold or used in calendar years 2018 through 2020. Don’t claim the credit for alternative fuel vehicle refueling credit for fuel sold or used after 2020, unless the credit is extended again.Periodic updating.
Form 8911 and its instructions will no longer be updated annually. Instead, they’ll only be updated when necessary. Use these instructions and Form 8911 (Rev. February 2020) for tax years beginning after 2017.For 2018 claims, use Form 8911 (Rev. February 2020) because it has lines 1 through 7 available, if needed."
Where is that information available (that TTax will include that form with an update on 2-20)?
We recommend that you sign up within TurboTax to be notified when your form is ready. When you try to e-file a form that's not available yet, you'll get a message with the option to sign up.
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Please see the TurboTax help topics below for assistance:
IRS forms availability table for TurboTax individual (personal) tax products
State forms availability table for TurboTax individual (personal) tax products
8911 is now in TurboTax. do not use the Jump to 8911 option in help. Instead go to the Energy Efficient Vehicle deduction in Deductions and Credits.
The forms are available for both online and desktop versions.
To create the Form 8911 Alternative Fuel Vehicle Refueling Property Credit, here are the steps:
In TurboTax,
Thanks for these steps. I am using TurboTax Online for PC and was trying to amend my 2018 return.
I just tried a variation of these steps. I first started off by clicking on Amend my 2018 return and then went through similar screens, I didn't get a Federal tab, but was able to into Tax breaks section and add the "Energy Efficient Vehicle Charging Station"
The amount in the refund monitor never changed after that, I went ahead few other screens going through completeCheck and what not but there were no differences in the original return and the amended return. Any suggestions on what could be missing?
PS: I don't think I am subject to AMT either, my 2018 return doesn't even have Form 6251 filed with the return.
It will take some time before we can release an update to the 2018 amendment software to address the issues brought up by the tax extenders.
We will notify customers when the 2018 software is updated. At this time, we do not have an estimated timeframe for those updates.