01-27-2010, 01:09 PM | #11 |
Gone Wild
Join Date: Jan 2010
Location: Westminster, MD
Posts: 239
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Re: IRS Tax Form 8936
problem is "aquired" is not on the 8936, but "placed in service" is
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01-27-2010, 04:53 PM | #12 |
******
Join Date: Jan 2010
Location: GA
Posts: 6
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Re: IRS Tax Form 8936
Hey guys, I never saw anything that said the car had to be placed in service in 2009,only that it had to be placed in service after 2008 and purchased before 1/1/10.
In looking at that form, it appears it is both for personal and possibly business use. Placed in service language is normally reserved for business applications for equipment depreciation. I don't see this being an issue. I do plan on completing the form correctly as to when I placed the car in service as that is the best way to create an issue is to falsify information. Now...what is placed in service? My sole reason for buying this machine was in order to capture the tax credit; therefore, I placed the car in service at the moment I qualified for the credit. |
01-27-2010, 07:00 PM | #13 |
Not Yet Wild
Join Date: Jan 2010
Posts: 2
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Re: IRS Tax Form 8936
oops, may have to get aggressive. i just looked at the actual code and it does say date placed in service.
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01-28-2010, 02:04 AM | #14 |
Getting Wild
Join Date: Jan 2010
Location: Orange County, CA & Lake Havasu City, AZ
Posts: 89
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Re: IRS Tax Form 8936
Just read a post on the FW website stating that the final IRS Form 8936 revision date has been pushed out to 2/11/10!!
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01-28-2010, 06:17 AM | #15 |
Gone Wild
Join Date: Jan 2010
Location: Westminster, MD
Posts: 239
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Re: IRS Tax Form 8936
this is getting kinda silly, its a FREAKIN form.
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01-28-2010, 06:32 AM | #16 | |
Getting Wild
Join Date: Jan 2010
Location: Florida
Posts: 146
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Re: IRS Tax Form 8936
Quote:
HEY IRS, WHAT IS YOUR PROBLEM |
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01-28-2010, 06:53 AM | #17 |
Gone Wild
Join Date: Jan 2010
Location: Westminster, MD
Posts: 239
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Re: IRS Tax Form 8936
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01-28-2010, 07:48 AM | #18 |
Not Yet Wild
Join Date: Jan 2010
Posts: 50
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Re: IRS Tax Form 8936
Does still say today.
I ran into this whole mess also because turbo tax has an incomplete version of the form. It is there if you use the add form option. There is a worksheet that doesn't work though. So you have to right click on the form fields and choose to override them. There is another, much longer, thread on a different discussion group where some guy has been talking to the irs. It's not very hopeful. What he's getting back is that placed in service is a big deal and that placed in service means you can put your hands on it in the driveway. A number of people in that thread are already cancelling their orders. Lots of bitching about what a pain that is. I'm hoping the irs is considering what a mess this is going to cause and the final version of the form is based on acquired date. But I'm not hopeful that some bureacrate cares one way or another. There's 2 possible problems with taking it on 2009 and then moving it to 2010. The obvious one is that irs will want interest and late fees on the 2009 correction. Less obvious is that a few folks fear the credit will be different in 2010. |
01-28-2010, 08:22 AM | #19 |
Not Yet Wild
Join Date: Apr 2008
Location: Pikeville, KY
Posts: 60
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Re: IRS Tax Form 8936
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01-28-2010, 08:36 AM | #20 |
Not Yet Wild
Join Date: Jan 2010
Location: DFW, Texas
Posts: 24
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Re: IRS Tax Form 8936
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