2017 Tax credit Form 8936

11785 Views 19 Replies 12 Participants Last post by mike100, Feb 13, 2017

BAZINGA

Discussion Starter · Feb 4, 2017 (Edited)

UPDATE: Form for tax year 2016 posted. Thanks for correcting my error.

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CCIE

· #8 · Feb 4, 2017

Volt17Kev said:
I added my tax credit through TurboTax, but it only allowed me $6,299 of the possible $7,500. Still owe $1,315 in federal taxes. Was hoping I would get the full $7,500, but $6,299 isn't bad!

You did something wrong if you only got a partial credit and turbo tax says you still owe taxes. The credit can bring your tax liability to $0 and the Volt qualifies for the full $7500. I would double check everything before filing.

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