We bought a Tesla prior to the end of the year, how do we claim the tax incentive?

[HelenaC · Accepted solution]

The Plug-in Electric Drive Motor Vehicle Credit is reported on Form 8936, the Plug-In Electric Drive Motor Vehicle Credit. 

• It applies to certain manufactured electric or plug-in hybrid electric vehicles which draw electricity from a battery recharged from an external source of electricity. The credit ranges from $2,500 to $7,500 depending on battery capacity and weight.

To enter your credit:

1. On the left navigation side, select Federal.
2. Under the Deductions & Credits Tab, scroll down to All tax breaks.
3. Scroll down to Cars and Other Things You Own, and select Start next to Energy-Efficient Vehicles.
4. Continue with the onscreen interview until complete.