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February 21, 2025
Question

Bought a used EV in 2024. Do I need Form 8936 AND Schedule A 8936?

  • February 21, 2025
  • 1 reply
  • 0 views

Hello,

 

I bought a used EV in 2024. I transferred the $4,000 credit to the Dealer at the time of the purchase. Turbo Tax Deluxe Online creates a Form 8936 AND a worksheet. Do I also need the Schedule A (Form 8936)? It doesn't show up in my list of forms. Or does the Schedule A Form 8936 only show up if I claim the credit (and not transferred it). Is the Schedule A Form 8936 as needed?

 

Thank you.

1 reply

February 24, 2025

Yes, you should have both Form 8936 and Form 8936-A completed for a point of sale transfer of the EV credit. Most of the sale details has already been reported to the IRS by the dealer and these forms insure that you were eligible for the credit.

Go back through the EV section in TurboTax and answer all the way through the section. 

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