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Get your taxes done using TurboTax
Thank you. That is reassuring. The feedback within the app when completing the section is misleading:
Your total Clean Vehicle Credit for a Previously Owned Vehicle is zero. |
Note: | If the credit amount is not the entire amount you were eligible for, you were either limited by the tax that you owe or other credits you have taken. Information you enter later for other credits and deductions may also lower this credit amount. | |
I am well below the income limit and have tax liability far greater than the EV credit even after other credits. That's what led me to look into the forms. There should be a different message for those who transferred the credit to the dealer to instill confidence that it is calculating correctly. Thank you!
ā€ˇFebruary 8, 2025
10:42 AM