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Deductions & credits
I should be due a electric car $7500 tax credit for my 2020 taxes. So far, TurboTax says I will owe $1,400 in taxes (above the >$32,000 that I had withheld from my W2). Why does TurboTax state "We've calculated a credit of $0 for your plug-in electric motor vehicle"? Or do I have to wait until 2021 tax year? I don't get it!
‎February 22, 2021
9:50 AM