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July 21, 2023
Question

State EV tax Credit

  • July 21, 2023
  • 1 reply
  • 0 views

Using turbotax, how do we apply for the State EV tax Credit,

Example:  I'm in Colorado where will the form be within Turbotax?

Additionally:  Where will Federal IRS Form 8936 be within Turbotax?

Thank you so much!

    1 reply

    DoninGA
    Employee
    July 21, 2023

    On the federal tax return -

    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 Vehicles, 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

     

    For the Colorado state income tax return the form is DR 0617 Innovative Motor Vehicle Credit.  It should be located in the Colorado state program in the section for Other Credits.

    July 21, 2023

    Thank so much for the quick reply!