Question 21 from the IRS website indicates I need to pay this back to the IRS:
IRS.gov: When do buyers need to repay tax credits transferred to the dealer?
This is the basis of my question. I know that I need to pay it back to the IRS. The dealerships have no more skin in the game once you attest your income qualifies at the dealer. They get the money regardless from the IRS.
I am thinking TurboTax is just not set up to handle this situation since I cannot pay the IRS back the $4,000, as they advise to do on their website.
