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My vehicle qualifies for the $4,000 clean vehicle credit, meeting all the requirements. I'm only receiving $2953 with no explanation.

Older than 2 years, plug-in hybrid, under $25000 sales price, 16.6kwh
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KrisD15
Employee Tax Expert

My vehicle qualifies for the $4,000 clean vehicle credit, meeting all the requirements. I'm only receiving $2953 with no explanation.

The Clean Vehicle Credit is non-refundable meaning once it brings your tax liability down to zero, the credit ends. 

 

Here is a link with more information 

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