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February 14, 2020
Question

I’m only receiving a portion of my plug in electric tax credit instead of the full 7500 that I qualify for

  • February 14, 2020
  • 1 reply
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1 reply

February 14, 2020

Attached is a link to the IRS website showing the amount of the credit you would be entitled to based upon your vehicle type.  

 

IRS Electric Vehicle Credit

 

Also, please note TurboTax is currently working on fixing an issue with how the credit is calculated in the program.  Please see the attached for more information on how to be updated when they rectify the issue.

 

Motor vehicle credit is not calculating correctly

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