Electric vehicle tax credit
So, got one of them Teslas in 2018. There's a tax credit; it's on IRS Form 8834 which, natch, is not one of the ones in the pull-down list in the tax planner.
So, selected tax-related in a new category for the purchase transaction in the amount of $7500 and manually put in a tax credit in the tax planner (User Entry). But, given that electric vehicles from multiple manufacturers are going be entering the market for quite a few years now, wouldn't it be a good idea if this got added to Quicken/Quicken Tax Planner in a more organized fashion? Those of us who estimate taxes care :-).
So, selected tax-related in a new category for the purchase transaction in the amount of $7500 and manually put in a tax credit in the tax planner (User Entry). But, given that electric vehicles from multiple manufacturers are going be entering the market for quite a few years now, wouldn't it be a good idea if this got added to Quicken/Quicken Tax Planner in a more organized fashion? Those of us who estimate taxes care :-).
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Comments
Ideas are supposed to be brought to the attention of the programmers.
Sounds to me like this would be a good idea, to be implemented in a future release of Quicken, at least for as long as the government is willing to allow this tax credit.
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