ThomasM125
Expert Alumni

Deductions & credits

You need to report the credit on your schedule K for the S corporation, on line 13(g) with the code of "P" for "Other Credit."

 

When your prepare your personal tax return, enter your information for the electric drive motor vehicle in the Deductions and Credits section of TurboTax, then Cars and Other Things You Own, then Energy Efficient Vehicles.

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