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Level 3
March 10, 2025
Solved

Question about 8936 electric vehicle credit

  • March 10, 2025
  • 2 replies
  • 14 views

On the 8936 entry in ProSeries for item 4a it asks the question:   Did you transfer the credit to the dealer at the time of sale?

On the Taxpayers form 15400, it indicates the following:

Transfer Election

Credit Amount $7500.00

Credit Transfer Election   Y

Original use Agreement states I attest to my knowledge as the Dealer, the original use of this vehicle begins with the buyer

Below it states Credit amount provide to the buyer $7500.00.   

Please help me!   The word "Transfer" on the 8936 and the word "Transfer" on the form 15400 is confusing.

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

Do you have the purchase docs?  Do you see a $7500 credit being applied against the price?

2 replies

Just-Lisa-Now-
Intuit Community Champion
March 10, 2025

Do you have the purchase docs?  Do you see a $7500 credit being applied against the price?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
BobKamman
Level 15
March 10, 2025

Credit Amount $7500.00

Credit Transfer Election   Y

Seems obvious to me.  It might help to ask the clients if they remember the dealer telling them that the price of the car has been reduced by the $7,500 credit.