ETA: I sorted it out. $469 is 25% of the $1,875 credit I'm eligible for. So if I change my credit to $7,500, it correctly limits to $1,875. This is not at all intuitive or explained anywhere. Seems like Turbotax should be able to calculate the correct credit amount based in my VIN and delivery date, rather than requiring me to enter an incorrect amount and then applying a limit. Do better, intuit!
Prior to the "fix" turbotax was correctly calculating my credit at $1,875, as I took delivery of my Model 3 in November. Now it's telling me my credit is limited to $469?!?! This makes no sense. I owe enough taxes that I should be able to take the full $1,875 credit, and I don't have any other credits or deductions that conflict. Seems like there's still an error in the EV credit calculation!!
