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Why Turbo Tax Home & Business didn't offset $7500 EV Tax credit ?
I am an Uber driver. I bought a 2022 Hyundai Kona Electric on 08/30/2021 to use for Uber. when I apply for EV tax credit. Turbo Tax didn't offset the credit off my tax liability, why? Is this a glitch that need to be fixed? I have a tax liability of $9250, but for some reasons TT didn’t offset the EV credit on my tax liability as a business deduction. Anyone know this answer. please help.
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February 13, 2023
1:27 PM