certain vehicles no longer qualify. review form 8936 especially lines 19 through 23. if you used it for business the credit can be limited. in that case review form 3800. the business use complicates things
100% business use and the $7500 would show up on form 3800 part 3 line 1y. that amount is then transferred to line 1. in part II the allowable credit is computed and shows up on line 38. any excess of line 1 over 38 is lost.
