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March 31, 2022

The alternative motor vehicle credit is a tax credit given to individuals who purchase vehicles that derive their power from alternative energy sources. The credit is nonrefundable, it reduces your tax liability to 0 but can't be used to increase your tax refund or to create a tax refund when you wouldn't have already had one

 

In TurboTax:

  • Log on to TurboTax and click , Take Me To My Return.
  • Click on the Federal Income tab 
  • Click on Deductions & Credits.
  • Scroll down to Cars and Other Things You Own.
  • Click Start/Edit/Update next to Energy-Efficient Vehicles.
  • Continue with the onscreen interview until complete.
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