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In 2018 I made a retail purchased of an Electric car from Toyota after it was repurchased by Toyota as a Lemon Law Buyback. Can I take the Electric Vehicle Credit 8936?

I am the retail vehicle purchaser and Toyota Motor Sales is the seller, and prior to my purchase this vehicle was repurchased by Toyota as part of the California "Lemon Law Buyback"

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DanielV01
Expert Alumni

In 2018 I made a retail purchased of an Electric car from Toyota after it was repurchased by Toyota as a Lemon Law Buyback. Can I take the Electric Vehicle Credit 8936?

One of the qualifications to claim the credit is that the vehicle must be "new".  I don't know if your vehicle will qualify because of what you state about it being a vehicle repurchased.  However, you may want to confirm this with the Toyota dealer as to whether the vehicle is considered "new" for the purpose of the credit.

This TurboTax website gives additional information about the credit:  https://turbotax.intuit.com/tax-tips/going-green/filing-tax-form-8936-qualified-plug-in-electric-dri...

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