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New Member
posted Jun 7, 2019 4:35:59 PM

Preparing for 2018. If I take the standard deduction. Can I still claim the electric car tax break??

2018 electric car tax break standard deduction

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1 Best answer
Intuit Alumni
Jun 7, 2019 4:36:00 PM

Yes. The electric car credit is not reported on Schedule A, therefore taking the standard deduction will have no effect on this credit. 

3 Replies
Intuit Alumni
Jun 7, 2019 4:36:00 PM

Yes. The electric car credit is not reported on Schedule A, therefore taking the standard deduction will have no effect on this credit. 

New Member
Jun 7, 2019 4:36:02 PM

Thank you very much that answers my question. From reading around. Is the $7,500 tax break a deduction from my gross income or is it a deduction from let’s say I owe $8,000 in federal taxes and I use the tax break and now I owe $500??? Thank you for your help

Intuit Alumni
Jun 7, 2019 4:36:07 PM

It is a below the line non-refundable credit. That means it is taken after your tax is computed (so it lowers your tax, not just your taxable income) but if your tax is zero-ed out, you do not get any remainder as a refund.