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How to generate Form 8911 in ProConnect Tax

SOLVEDby Intuit1Updated 1 month ago

This article will assist you with entering information related to Form 8911, Alternative Fuel Vehicle Refueling Property Credit, in ProConnect Tax.

What's new for Form 8911 for tax year 2023:

  • Credit modification. The Inflation Reduction Act of 2022 modified the credit for certain refueling property placed in service after 2022. 
  • Property must be located in an eligible census tract. Refueling property placed in service after 2022 will not be treated as qualified alternative fuel vehicle refueling property unless the property is placed in service in an eligible census tract. For this purpose, an eligible census tract is generally any population census tract that is not an urban area. See Eligible census tract. 
  • Tax-exempt and governmental entities. For tax years beginning after 2022, certain tax-exempt and governmental entities that generally do not benefit from income tax credits can elect to treat the alternative fuel vehicle refueling property credit as a payment of income tax. Resulting overpayments may result in refunds. See Tax-Exempt and Governmental Entities. 
  • Transfer of credit. For tax years beginning after 2022, eligible taxpayers (including partnerships and S corporations) can elect to transfer all or part of the credit amount otherwise allowed as a general business credit to an unrelated third-party buyer in exchange for cash. Eligible taxpayers do not include certain tax-exempt and governmental entities discussed above. See Transfer of Credit.

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For tax year 2023, Form 3800 is undergoing a major IRS rewrite that expands the form to 8 pages. This form is still in development, pending a future release. Form 1120S and 1065 filers that require Form 3800 may want to consider filing extensions.

Input fields for this credit can be found in the following ways:

  • Individual:
    1. From the Input Return tab, go to Credits General Business and Vehicle Cr.
    2. Go to the Energy / Fuel Production tab at the top.
    3. Scroll down to the Alternative Fuel Vehicle Refueling Property Credit (8911) subsection.
  • Corporate:
    1. From the Input Return tab, go to Credits General Business Credits (3800).
    2. Go to the Energy, Fuel Production tab at the top.
    3. Scroll down to the Alternative Fuel Vehicle Refueling Property Credit (8911) subsection.
  • Partnership:
    1. From the Input Return tab, go to Schedule K Credits Other Credits.
    2. Go to the Energy & Fuel Production tab at the top.
    3. Scroll down to the Alternative Fuel Vehicle Refueling Property Credit (8911) subsection.
  • S-Corporate:
    1. From the Input Return tab, go to Schedule K Credits Schedule K Credits.
    2. Go to the Energy & Fuel Production tab at the top.
    3. Scroll down to the Alternative Fuel Vehicle Refueling Property Credit (8911) subsection.

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