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Electric Vehicle Tax Credit
Hi
I purchased Tesla model 3 last year in September. According to the IRS website, (https://www.irs.gov/businesses/irc-30d-new-qualified-plug-in-electric-drive-motor-vehicle-credit ) I am qualified for a tax credit of $1850.
With that numbers, I submitted my tax return but it got rejected. Turbo Tax was showing that they are updating the software after that I can resubmit returns.
This morning software has been updated. With that update, electric vehicle credit is reduced to $469. Not sure why. can you please check it?
‎February 20, 2020
7:54 AM