Vanessa A
Expert Alumni

Deductions & credits

The rejection is coming from the IRS when TurboTax tries to transmit, the IRS is saying this credit is an issue.

The 2023 is actually not eligible for the Used EV Credit if you bought it in 2024 as it must be at least TWO years old.  Basically, you would have to buy a 2023 in 2025 in order to claim the credit.  

To qualify, a vehicle must meet all of these requirements:

  • Have a sale price of $25,000 or less. Sale price includes all dealer-imposed costs or fees not required by law. It doesn't include costs or fees required by law, such as taxes or title and registration fees.
  • Have a model year at least 2 years earlier than the calendar year when you buy it. For example, a vehicle purchased in 2023 would need a model year of 2021 or older.
  • Not have already been transferred after August 16, 2022 to a qualified buyer.
  • Have a gross vehicle weight rating of less than 14,000 pounds
  • Be an eligible FCV or plug-in EV with a battery capacity of least 7 kilowatt hours
  • Be for use primarily in the United States
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