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Why can't I claim the electric vehicle credit when I assigned the dealer the credit at the time of sale?

Turbo tax is not allowing the electric vehicle credit on my return. I assigned the credit to the dealer.
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2 Replies
AnnetteB6
Employee Tax Expert

Why can't I claim the electric vehicle credit when I assigned the dealer the credit at the time of sale?

If you are not being allowed to enter the required information due to your AGI being too high to claim the credit, please take a look at the following TurboTax help article and register your email address to receive updates:

 

Why am I unable to enter my EV credit payback where credit was transferred to the dealer?

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Why can't I claim the electric vehicle credit when I assigned the dealer the credit at the time of sale?

Since you assigned the credit to the dealer, your purchase price was reduced by the amount of credit assigned.

You are not eligible for the EV credit on your tax return since it was assigned to the dealer.

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