Hi!
Based on your answer, it looks like the EV non-refundable tax credit it used first, before any withholdings are applied. The rest would be refunded (if credit took care of all liability.)
I just want to double check that this is correct, as I have heard the opposite might be true: That the withholdings are used first, and if there is anything left over that is still owed, the EV Federal Tax Credit would fill in that amount but no more.
Can we confirm the first option is in fact the case, and how can we make sure? Is there any government website that confirms the order of which is applied first?
Thanks!
Joe
