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Deductions & credits
can't tell you every vehicle has a maximum sales allotment. once those many were sold the credit went to zero. the credit is limited by your income tax liability. if your tax liability is $2000 snd you have bought a qualifying vehicle for the $7500 credit all you get is $2000. the rest is lost.
see this link
https://www.edmunds.com/fuel-economy/the-ins-and-outs-of-electric-vehicle-tax-credits.html
file form 8936 with your return. did you get confirmation from the dealership that your vehicle qualifies?
‎July 27, 2021
10:04 AM