Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

8910 for s-corp.

rickw1
Level 1

I'm able to complete the 8910 for personal returns but when I try to complete the 8910 in a S-Corp return the form says "EXPIRED". Just trying to make sure on this - that the credit is unavailable.

Thanks!!

0 Cheers
1 Comment 1
qbteachmt
Level 15

From the IRS:

https://www.irs.gov/instructions/i8910

"The alternative motor vehicle credit expired for vehicles purchased after 2021. However, if you purchased the vehicle in 2021, but placed it in service during 2022, you may still be able to claim the credit for 2022. Do not report vehicles acquired after 2021 on Form 8910 unless the credit is extended."

From Intuit:

https://turbotax.intuit.com/tax-tips/going-green/what-is-irs-form-8910-alternative-motor-vehicle-cre...

 

*******************************
Don't yell at us; we're volunteers
0 Cheers