topic $7500 tax credit for purchase of an EV car. Can an unused portion of the credit be carried forward and used in a future tax year? in After you file https://ttlc.intuit.com/community/after-you-file/discussion/7500-tax-credit-for-purchase-of-an-ev-car-can-an-unused-portion-of-the-credit-be-carried-forward-and/01/2804097#M679212 Tue, 10 Mar 2026 07:18:17 GMT g-c-bardenhagen 2026-03-10T07:18:17Z $7500 tax credit for purchase of an EV car. Can an unused portion of the credit be carried forward and used in a future tax year? https://ttlc.intuit.com/community/after-you-file/discussion/7500-tax-credit-for-purchase-of-an-ev-car-can-an-unused-portion-of-the-credit-be-carried-forward-and/01/2804097#M679212 Tue, 10 Mar 2026 07:18:17 GMT https://ttlc.intuit.com/community/after-you-file/discussion/7500-tax-credit-for-purchase-of-an-ev-car-can-an-unused-portion-of-the-credit-be-carried-forward-and/01/2804097#M679212 g-c-bardenhagen 2026-03-10T07:18:17Z Re: $7500 tax credit for purchase of an EV car. Can an unused portion of the credit be carried forward and used in a future tax year? https://ttlc.intuit.com/community/after-you-file/discussion/re-7500-tax-credit-for-purchase-of-an-ev-car-can-an-unused-portion-of-the-credit-be-carried-forward/01/2804106#M679216 <P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/279680">@g-c-bardenhagen</a>&nbsp;- no it can't.&nbsp; &nbsp;the EV credit is non-refundable and it can reduce Line 18 Form 1040 to zero and then the rest is lost. In other words, if Line 18 is greater than $7500, you can use the entire credit, if Line 18 is less than $7500, the EV credit will reduce Line 18 to zero, but the rest is lost.&nbsp;</P> Tue, 20 Dec 2022 18:19:39 GMT https://ttlc.intuit.com/community/after-you-file/discussion/re-7500-tax-credit-for-purchase-of-an-ev-car-can-an-unused-portion-of-the-credit-be-carried-forward/01/2804106#M679216 NCperson 2022-12-20T18:19:39Z