RaifH
Expert Alumni

Deductions & credits

Based on the information you have given, it seems as if you are correct and should be eligible for the entire $7,500 credit. I had trouble re-creating your error, so can you please see if this may be causing the issue:

 

Can you verify that you input 64 as the amount of battery capacity kilowatt-hours? Entering less than this reduces the credit. When I entered 7.2, it reduces the credit to $3,834. 7.2 kW is the onboard charger, but the credit is based on the battery capacity. According to Hyundai, the battery system capacity is 64 kW/h. (The link is for the 2022 model, but 2021 has the same battery).

  1. To verify your input, please go to the Deductions & Credits area of your tax return.
  2. Click Edit/Add next to Energy-Efficient Vehicles
  3. Click Edit next to your vehicle
  4. Click on the My vehicle has four wheels and Continue
  5. Select the model year
  6. Enter your vehicle information with 64 as the Amount of Battery Capacity Kilowatt Hours

 

Please let us know if this resolves your issue!