Turbo Tax Instructions for Ammended 22 Tax Credit

[Sully151]

Hi,

I have a PBA and recently took ownership of my R1S. I need to file my ammended tax form through Turbo Tax to get my $7500. That being said, I am a dunce when it comes to such things. My Mom and I usually do my taxes because she is good at that. Weird how brains work.

Anyway, can someone tell me the steps needed to do this?

What forms do I need to fill out?

What documents do I need?

Etc.

Any help will be greatly appreciated.

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[nukem384]

All you need to do is fill out form 8936 via TT. Super easy through TT, no backup needed. Just enter information.

 

[Joe Hoffman]

Also be aware there's a specific date you need to put down on the form as to when you purchased the vehicle. Details were published by Rivian and have been posted here in this forum. There are IRS guidelines for the specific situation of us early order holders.

 

[AireV]

Also be aware there's a specific date you need to put down on the form as to when you purchased the vehicle. Details were published by Rivian and have been posted here in this forum. There are IRS guidelines for the specific situation of us early order holders.

As Rivian will deliver more R1 vehicles to 2022 binding purchase agreement holders by the end of December, I expect more people would have a similar question.
Here is a screenshot of the Rivian email regarding filing an IRS amendment.
The email was on March 8, 2023.
Please note Aug. 15, 2022 as the in-service date to input even for 2023 deliveries.

 

[milliemc]

Also be aware there's a specific date you need to put down on the form as to when you purchased the vehicle. Details were published by Rivian and have been posted here in this forum. There are IRS guidelines for the specific situation of us early order holders.

What about the new rebate in 2024 that can be applied directly ot the purchase price? anyone?

 

[milliemc]

https://fueleconomy.gov/feg/tax2023.shtml#requirements
This is place to go to get info on the rebate in 2024.

 

[daemaitehn]

Does anyone know what needs mailed in? Just the 8936 form? Or do we need to send 8936, the contract from Rivian and the 1040-X?

 

[usulio]

Does anyone know what needs mailed in? Just the 8936 form? Or do we need to send 8936, the contract from Rivian and the 1040-X?

Don't need to provide the contract, but I'm pretty sure you have to send at least the updated 1040 as well as the 8936.

 

[spacefunkey]

Is anybody able to get to the amend return page for 2022 in TurboTax online?
All I see is a black page and no errors. They have no ETA for fix

Why do I see a blank white screen when amending my 2022 return in TurboTax? (intuit.com)

 

[chesterwhipplefilter]

Is anybody able to get to the amend return page for 2022 in TurboTax online?
All I see is a black page and no errors. They have no ETA for fix

Why do I see a blank white screen when amending my 2022 return in TurboTax? (intuit.com)

I was able to amend my 2022 taxes using Turbotax online, but because apparently the IRS shuts down all e-filing for 2 months from November until end of January, Turbotax wants me to print out my amended return and mail it in. I think instead I'm going to wait to e-file the amendment until January 24, 2024 when it opens again for e-filing as I think that'll end up being quicker.

 

[Effopec]

I filled in my 8936 and was getting ready to send it in. No instructions anywhere on how or where to do that? Does anyone have info on that? I normally have my preparer efile, so don't even have an address for the regular returns. I've asked her about instructions but am still waiting.

 

[Paradigm_Shift]

For those of us that signed the BPA, I understand the date placed in service must be Aug 15, 2022 on form 8936. Does it matter that the "date acquired" will be _after_ the date placed in service if we took delivery in 2023? Seems backwards but then it is the IRS....

 

[Polar]

For those of us that signed the BPA, I understand the date placed in service must be Aug 15, 2022 on form 8936. Does it matter that the "date acquired" will be _after_ the date placed in service if we took delivery in 2023? Seems backwards but then it is the IRS....

The software won’t allow the date to be later - both dates will be the same.

 

[SwaziCAR]

For those of us that signed the BPA, I understand the date placed in service must be Aug 15, 2022 on form 8936. Does it matter that the "date acquired" will be _after_ the date placed in service if we took delivery in 2023? Seems backwards but then it is the IRS....

The software won’t allow the date to be later - both dates will be the same.

Form 8936 doesn't have a line for "date acquired"; that's a TurboTax thing. I don't know why TurboTax asks that question but, whatever response you enter (and TurboTax accepts) doesn't end up on Form 8936. I think I entered the date of the purchase agreement as the "acquired" date and "8/15/22" as the "date in service," and that was fine with TurboTax.

 

[Paradigm_Shift]

in turbo tax, when you look in Form View, you see this for 8936

Form 8936 doesn't have a line for "date acquired"; that's a TurboTax thing. I don't know why TurboTax asks that question but, whatever response you enter (and TurboTax accepts) doesn't end up on Form 8936. I think I entered the date of the purchase agreement as the "acquired" date and "8/15/22" as the "date in service," and that was fine with TurboTax.

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