I see where I'm supposed to get a tax credit for installing a charging station for my EV. I installed it in 2022. Where can I find this form?

Forum|Forum|3 years ago
January 19, 2023
1 reply
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This is for my 2023 EV.

TurboTax Self Employed Online

Best answer by DoninGA

For an energy-efficient vehicle tax credit

Click on Federal Taxes (Personal using Home & Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Cars and Other Things You Own
On Energy-Efficient Vehicle Charging Station, click the start or update button

Or enter energy efficient vehicle in the Search box located in the upper right of the program screen. Click on Jump to energy efficient vehicle

Note - The IRS Form 8911 Alternative Fuel Vehicle Refueling Property Credit will not be finalized and available in TurboTax until 01/26/2023

DoninGAAnswer

Employee

For an energy-efficient vehicle tax credit

Click on Federal Taxes (Personal using Home & Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Cars and Other Things You Own
On Energy-Efficient Vehicle Charging Station, click the start or update button

Or enter energy efficient vehicle in the Search box located in the upper right of the program screen. Click on Jump to energy efficient vehicle

Note - The IRS Form 8911 Alternative Fuel Vehicle Refueling Property Credit will not be finalized and available in TurboTax until 01/26/2023

psen

I'm at the right spot and entered $1643 (includes costs of charger + installation) for the "Energy-Efficient Vehicle Station Summary", but end result is the following - says "This form will not be included in the tax return you file"

Alternative Vehicle Refueling Property Credit $0

PattiF

It seems to be common that the Alternative Vehicle Refueling Property Credit claimed on Form 8911 is often disallowed or calculated to be $0 without any explanation. There are two possible reasons for this. One, you must have a high enough tax liability in order to claim the credit since it is non-refundable and is only used to reduce your tax liability. Or two, the tentative minimum tax calculation is causing it to be disallowed.

The tentative minimum tax is the Alternative Minimum Tax (AMT) which is calculated in parallel with the 'traditional' income tax calculation. When your return is complete, it will be determined whether you are required to be subject to AMT or not. Even though you may not be subject to AMT, if your tentative AMT tax is greater than your net regular tax, then the Form 8911 credit is disallowed.

Take a look at your Form 8911. The amounts reported on lines 16 and 17 may explain why you are not eligible to claim the credit. If Line 17 (tentative minimum tax) is greater than line 16 (net regular tax), then the credit is disallowed regardless of whether you are subject to Alternative Minimum Tax or not.

This situation is outlined in the IRS Instructions for Form 8911 if you care to read more. This is the specific section to read -- Line 17.

@psen

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