To enter Qualified Plug-In Electric Vehicle Credit information for a 1040 or 1120 , perform the following steps.
- Open the desired client and, if necessary, click an activity folder.
- Click the Add button to add an asset, or highlight the desired asset and click the Modify button.
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Click the appropriate link to view the remaining steps.
- Click Done to return to the Asset List window.
Notes
- To calculate a credit for the personal use on Form 8936, Part III, enter mileage or a business use percentage on the Vehicle/Listed tab.
- To complete Form 8936 without entering an asset, you must complete Screen 8936 in the Credits folder.
- For 1065 returns Form 8936 is a non-calculating form. Complete the following steps to take the credit.
- Go to the Cr screen, in the Income & Deduction folder.
- Enter the total credit amount in the Other credits not entered elsewhere statement.
- Complete the Form 8936, in the Non Calculating folder.
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