workhard2022
Level 4
‎02-08-2024 05:55 PM

Can anyone please explain the process/steps of-Generating Form 8936 Qualified Plug-in Electri Drive Motor Vehicle Credit in Proconnect Online?

Thanks!

0 Cheers
Reply
itonewbie
Level 15
‎02-08-2024 06:08 PM

This is probably what you're looking for: https://accountants.intuit.com/support/en-us/help-article/federal-taxes/generating-form-8936-qualifi...

---------------------------------------------------------------------------------
Still an AllStar

View solution in original post

Reply
workhard2022
Level 4
‎02-10-2024 11:36 AM

Good Afternoon,

I have additional questions regarding Tesla's new clean vehicle credit in 2023.  Does the unused credit amount can be applied to next year's tax return?  for example, the taxpayer only has a $6000 tax liability in 2023, so can I apply the unused $1500 (7500-6000) into his 2024 form 1040?

 

Thanks!

0 Cheers
Reply
itonewbie
Level 15
‎02-10-2024 12:32 PM

Nope.

---------------------------------------------------------------------------------
Still an AllStar
Reply
workhard2022
Level 4
‎02-10-2024 03:03 PM

Thank you so much!

Reply