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Deductions & credits
Downloaded the update. If you previous adjusted the $7,500 amount manually to $3,750 or $1,875, you need to UNDO that adjustment and put $7,500 back in that box. TurboTax is now multiplying whatever you have in there by 50% or 25% if you purchased a vehicle that is in the phase out period. Will be interested to see if they have managed to screw this up again.
In other news, 8911 is now available too if you installed new alternative fuel vehicle refueling property.
‎February 19, 2020
8:18 PM