I bought a new Hyundai Kona EV in April 2021. My tax due is $14K. Other than the EV tax credit and a $383 credit for a 240K charging station, I have no other tax credits. I owe no AMT. TurboTax lowered my EV credit to $3,834, rather than the $7,500 I was expecting (as per the IRS website). There is no documentation in TurboTax how it computed this reduced credit. Why did TurboTax reduce the EV credit to $3,834?
