So, the question is Do you qualify for the credit?
To qualify for the qualified plug-in electric drive motor vehicle tax credit your vehicle purchase must satisfy a number of criteria. First, only qualified vehicles you purchase after December 31, 2009 are eligible for the credit. Your plug-in electric vehicle must also be brand new, made by an eligible manufacturer under the Clean Air Act, have at least four wheels, be appropriate for driving on public streets and highways, and have a weight rating of less than 14,000 pounds. And most importantly, the vehicle must have an electric motor that uses a rechargeable battery to generate at least 4 kilowatt-hours of capacity. For details, click here: Electric motor credit
To enter or edit info in the program, here are the steps:
In TurboTax online,
- After sign into your account, select Pick up where you left off
- On the left menu, select Federal
- From the top, select Deductions and Credits
- Scroll down to "Cars and Other Things You Own", under "Energy-Efficient Vehicles", select Start or Edit
@KLHolland
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
