JulieS
Expert Alumni

Get your taxes done using TurboTax

No, this is not a TurboTax problem. The EV tax credit is not refundable. This means that it only offsets income tax. Less well known is that that it doesn't offset self-employment tax either.

If you look at the second page of your 1040, your total income tax appears on line 18. Your total non-refundable credits appear on lines 19 and 20. 

Line 22 is your total tax after non-refundable credits. For you that amount should be $0. On line 23, the self-employment tax is added. 

If you check those lines and still have questions, just reply back to this thread. 
 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post