Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 30, 2020 12:34:21 PM

I purchased a new Toyota Prius prime (plug in hybrid). I was told it qualifies me for a $4500 federal tax credit. How do I go about filing this?

0 3 620
3 Replies
Level 15
Jan 30, 2020 12:38:16 PM

For an energy-efficient vehicle tax credit

  • Click on Federal Taxes (Personal using Home & Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on
  • Scroll down to Cars and Other Things You Own
  • On Energy-Efficient Vehicles, click the start or update button

Or enter energy efficient vehicle in the Search box located in the upper right of the program screen. Click on Jump to energy efficient vehicle

New Member
Nov 25, 2021 2:02:45 PM

I bought a Sorento KIA 2020 plug in Hybrid, have a Tax Credit $6587. how to file it in Turbo Tax 2021.

Thanks

Level 15
Nov 25, 2021 2:57:07 PM

The same as on the 2020 return ... from the post directly above yours ...

 

For an energy-efficient vehicle tax credit

  • Click on Federal Taxes (Personal using Home & Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on
  • Scroll down to Cars and Other Things You Own
  • On Energy-Efficient Vehicles, click the start or update button

Or enter energy efficient vehicle in the Search box located in the upper right of the program screen. Click on Jump to energy efficient vehicle