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Deductions & credits
I'm in the same boat. I transferred the EV credit to the dealer but my AGI was $6,000 over the limit. I need to repay this but Turbotax doesn't have the option to do it. Would be nice if turbotax fixed:
- SCHEDULE 2 (Form 1040), line 1b (Repayment of new clean vehicle credit(s) transferred to a registered dealer
- Form 8936
- Schedule A (Form 8936)
to recalculate the refund / tax owed amount.
‎January 29, 2025
2:29 AM