Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
B
brandimiles
January 1, 2025
Solved

Does the EV tax credit apply to purchases only or does it include leases? I can't find any info

  • January 1, 2025
  • 1 reply
  • 0 views
I leased a qualifying EV but I just wonder if it counts because everything says "purchase" and technically it's not a purchase. So I just wonder if it still qualifies
    Best answer by xmasbaby0

    No you cannot get the EV credit for a leased vehicle.   

    1 reply

    X
    xmasbaby0Answer
    Employee
    January 1, 2025

    No you cannot get the EV credit for a leased vehicle.   

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    TurboTax Sign In Widget
    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification