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Form 8936

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Level 1

After just updating the Form 8936 electric car credit phase out did not calculate.  I show a 25% phase out and yet the credit still shows as $7500.  What am I missing here?

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5 Replies 5
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Level 8

We are users just like you.  If it isn't right you will have to contact support.

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Level 2

On the input page it says if credit is not correct (due to phase out) enter the correct amount..and then it carries the correct credit to the Form 8936 - just did it for two cars purchased one was at 25% phaseout and one at 50% - I had to manually enter the correct credit amount.  

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Level 1

Thank you!  I thought I was losing it!

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Level 1

I am having the same issue. Where do it say where I can input the correct amount? Cant find it.

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Level 1

It's in the worksheet...

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