You'll need to sign in or create an account to connect with an expert.
The Electric Vehicle tax credit is only calculated on the 2019 tax return that you file next year.
The Electric Vehicle tax credit is only calculated on the 2019 tax return that you file next year.
So I don't need to worry about filing the form now? At the time of submitting 2019 tax return will it see I took delivery before July 1st and thus know to give me credit up to $3750?
The date that you buy the vehicle during the tax year has no affect on the amount of credit that you are eligible for so there is no need to document when during the year that you purchased it.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
RicN
Level 2
bcdozier
New Member
onerous_efiler
New Member
Retherford41
Level 4
shamullinix
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.