Deductions & credits

I also noticed turbotax does not correctly calculate whether you are eligible or not for the tax credit.  The IRS website  states:

 

 "You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. If your modified AGI is below the threshold in 1 of the 2 years, you can claim the credit."

 

https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

 

Also --  Turbotax does not allow users to fill out form 8936 or Schedule A (Form 8936) to calculate if the user transferred the tax credit to the dealer and then made more than the max amount allowed of AGI, and whether the user has to repay the credit or not.   In my case I transferred the credit but made more than max amount but turbotax doesn't allow me to fill out the forms to show that I owe the $7500 back to IRS.