topic $7500 ev credit disappear after latest turbotax update? Tried to re-enter the information again but it doesn't have any effect even though it claims I'm qualified. in Get your taxes done using TurboTax

$7500 ev credit disappear after latest turbotax update? Tried to re-enter the information again but it doesn't have any effect even though it claims I'm qualified.

stevec1 — Sat, 01 Jun 2019 20:34:26 GMT

I entered my ev credit two weeks ago and it took 7500 off my tax due. However, after the latest turbotax update, the credit disappear so I tried to re-enter again, it said I'm qualified for the credit but now it doesn't change my tax due anymore.

The Plug-in Electric Drive Motor Vehicle Credit is a non-...

JohnW15 — Sat, 01 Jun 2019 20:34:27 GMT

The Plug-in Electric Drive Motor Vehicle Credit is a non-refundable credit. Non-refundable credits are credits that can lower your tax liability, but do not get reimbursed to you as a refund.

For additional explanation, please see the TurboTax article What Is the Difference Between a Refundable and a Nonrefundable Credit?

@TurboTaxJohnW15 I do own more than 7500. So I should get...

stevec1 — Sat, 01 Jun 2019 20:34:29 GMT

@TurboTaxJohnW15 I do own more than 7500. So I should get the credit, right?

Curious: What car are you wanting to claim?

JohnW15 — Sat, 01 Jun 2019 20:34:30 GMT

Curious: What car are you wanting to claim?

@TurboTaxJohnW15 Tesla model 3 that I purchased last July.

stevec1 — Sat, 01 Jun 2019 20:34:31 GMT

@TurboTaxJohnW15 Tesla model 3 that I purchased last July.