Thank you for replying.
New as of 2024 was the ability to transfer the clean vehicle tax credit directly to the dealer in lieu of receiving it yourself. When you do this, the dealer credits that tax credit at the point-of-sale, so in this case, they took $4,000 off the price of the car since I was transferring the tax credit to them.
Herein lies the issue - I did not qualify for the tax credit. So I transferred a $4,000 credit that I was not eligible for to the dealer. I know I am going to be on the hook for the $4,000 and based on research I've done, I can find no answer other than I'll owe it to the IRS. TurboTax doesn't handle this situation.
