@jempim wrote:
Thanks,that's what i thought and i paid federal taxes through my payroll deductions of over $25000 already so the credit is way less than what i paid or owe. Which is why i don't understand why the full credit is not being applied. This also happened to me last year for the EV car and charger credit. The full amount wasn't reflected on my return by turbo tax. I think turbo tax software just doesn't know how to use the credit and you get shortchanged. I'll probably have to talk to a CPA to see what the errors with the software preparation is.
Part of the problem is that you can't view the actual tax forms in Turbotax online unless you pay the filing fees. You should be able to preview your form 1040, check lines 16-24, and schedule 3 line 5, if you can view them.
If you are using Turbotax installed on your own computer, you can switch to forms mode at any time and review the forms. What is your tax on form 1040 line 16, and the credit on line 20? What is the entry in schedule 3, line 5?
