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How to get the correct 2019 tax credit $3750 or $1875

How to get the correct 2019 tax credit $3750 or $1875

Seems a number of people are confused about how to fill out IRS form 8936. Many are starting out with the wrong value and then discounting it to get less than the full tax credit.

If you got your car from 1-Jan-2019 to 30-Jun-2019. your credit will be 50% of $7500 or $3750.
If you got your car from 1-Jul-2019 to 31-Dec-2019. your credit will be 25% of $7500 or $1875.

If you get a different amount, you've likely started with the wrong value.

michael.vengshoel | 21 February, 2020

I don't think this is strictly true. I purchased my Model 3 in 2018 and got the full $7500

I purchased a Model X in October 2019 and when I filed my taxes yesterday the Feds are calculating down to the SPECIFIC number of your VIN or something. I only got a credit for $469.00 instead of $1875.00

Needless to say I was pretty annoyed. People should be aware of this and get my head's up that if you purchased Q4 of 2019 you might get a lot less than the 1875 you planned on...

stingray.don | 21 February, 2020

michael.vengshoel,

$1875 was through the end of the year. I got for my 9/20 delivery.

TeslaTap.com | 21 February, 2020

@michael - 8936 is not one of the better IRS forms. Ok, enter $7500 in box 4a. Enter 25% in box 4b. Enter $1875 in box 4c. If you get $469, you likely entered the wrong value for 4a. The IRS instrutions are confusing at best.

silascolesc303 | 22 February, 2020

It drives me nuts not having a media progress bar to locate or change the current position in the duration of the track. I don't know where I am in the song, when it's going to end, etc. This is such an essential and basic component of any media player, it's unreal we don't have it when playing music over phone Bluetooth. Is there a reason for it?

silascolesc303 | 22 February, 2020

It drives me nuts not having a media progress bar to locate or change the current position in the duration of the track. I don't know where I am in the song, when it's going to end, etc. This is such an essential and basic component of any media player, it's unreal we don't have it when playing music over phone Bluetooth. Is there a reason for it?

TeslaTap.com | 22 February, 2020

@silascolesc303 - Sounds like a copy and paste spam bot - nothing related to this thread with an standard spam looking name. Likely bumping the post count up so they can start to spam with links.

silascolesc303 | 23 February, 2020

Has anyone tried getting the tax credit for 2019 yet? My wife tried to fill out the form in turbotax, but it said the new form wasnt ready yet. I also tried using H&R block but it only wanted to give me $1875 instead of $3750. I bought my model 3 in April 2019. I have enough tax liability to get the full amount.https://discord.software/ https://fetlife.vip/ https://vshare.onl/

TeslaTap.com | 23 February, 2020

Yep, now @silascolesc303 has proven to be a total spammer. Please flag.

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