turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

EV tax credit calculation error

This issue is still not fixed in Turbo Tax as of 3/29/2020. It is showing 100% for phase out percentage for a Chevy Bolt purchased in August, 2019. The correct amount of 50%, but I cannot enter that manually.

EV tax credit calculation error

Right now, its asking users to check and correct the amount from the IRS link provided in "learn more". IRS cite says $1875 for Bolts bought before 3/31/20. I manually changed $7500 credit accordingly.

https://www.irs.gov/businesses/irc-30d-new-qualified-plug-in-elec[product key removed]-vehicle-credi...

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies