So, I'm reviewing my 2015 tax forms after the fact (I know...) and I saw that form 8936 page 2 & 1040 lines 54 & 55 were incorrect resulting in a lower credit than the maximum $7500.
The reason the electric car tax credit was so low was because lines 16 & 17 on page 2 of 8936 should have been blank because the car has 4 wheels. These lines are intended for electric vehicles with less than 4 wheels (ie. motorcycles). This would kick the tax credit up to the maximum of $7,500 if it was correct.
So my person goes into my file to rectify the situation, but says that those numbers are automatic and default values that cannot change on the program. Then she told me that she didn't find the "IRS letter acknowledging the certification of the vehicle" in my file. The 8936 form took my VIN number and that's how it knew it's a Leaf, so that's my certification, right? I don't need an actual letter from the dealer for certification, do I?
Anyone else experienced this issue?
Any help would be appreciated.
Thanks.
tk
The reason the electric car tax credit was so low was because lines 16 & 17 on page 2 of 8936 should have been blank because the car has 4 wheels. These lines are intended for electric vehicles with less than 4 wheels (ie. motorcycles). This would kick the tax credit up to the maximum of $7,500 if it was correct.
So my person goes into my file to rectify the situation, but says that those numbers are automatic and default values that cannot change on the program. Then she told me that she didn't find the "IRS letter acknowledging the certification of the vehicle" in my file. The 8936 form took my VIN number and that's how it knew it's a Leaf, so that's my certification, right? I don't need an actual letter from the dealer for certification, do I?
Anyone else experienced this issue?
Any help would be appreciated.
Thanks.
tk