we have tax married filing jointly and our combined income is above $300,000.
Do we still qualify for $7500 tax credit?
There is no upper limit on income for the tax credit.
Here is the form: https://www.irs.gov/pub/irs-pdf/f8936.pdf
Point of information. The 2017 IRS form is not available yet. Tried to file taxes early as suggested by IRS and others but it's a no go at this point.
Model x guy
Just turned mine in today. Hope cpa has form
The 2017 IRS Form 8936 is due for release on 02-08-18. Ref: https://www.freefilefillableforms.com/#/fd/forms.availability
The draft versions of the 2017 form and instructions are available here:
https://www.irs.gov/pub/irs-dft/f8936--dft.pdf (form)https://www.irs.gov/pub/irs-dft/i8936--dft.pdf (instructions)