ramras_8
Level 3
02-11-2025
12:25 PM
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How do you report electric vehicle credit on form 1120S? There is no form 8936 that you can use to enter the data from Form 15400 from the dealer such as the purchase price, amount, date of purchase, model of vehicle and the amount of credit.
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qbteachmt
Level 15
02-12-2025
11:06 AM
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Here's a help article:
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers
ramras_8
Level 3
02-23-2025
04:36 PM
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It looks like this reply applies only to individual return and not to pass -through entities such as partnerships and S-corporations. Form 8936 does not exist in business returns. Is it because the tax program for S-Corp does not support Form 8936?
sjrcpa
Level 15
02-23-2025
07:02 PM
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It is probably because S Corps don't get the credit. The info for claiming the credit is passed through as separately stated items on the K-1.
The more I know the more I don’t know.