3103550
turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
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.

Yes No
btagabi01
Level 2

EV tax credit

How does this effect my refund?

posted
‎October 25, 2023 9:52 AM
last updated ‎October 25, 2023 9:52 AM
0
1
389
Reply
Bookmark Icon
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.

1 Reply
DawnCo
Employee Tax Expert
Employee Tax Expert

EV tax credit

Hi  btagabi01,

Thanks for joining event today. 

With a qualifying purchase, you could get a non refundable credit up to $7500. This credit is used to offset your tax liability. It does not create a surplus to be refunded and does not carryforward.

https://turbotax.intuit.com/tax-tips/going-green/filing-tax-form-8936-qualified-plug-in-electric-dri...

‎October 25, 2023 10:02 AM
0
372
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

annetta_watson
waymondr
CHAS25
MissMLB
abigilkeima4

Did the information on this page answer your question?

thumb-up Yes
thumb-down No
close icon
checkmark

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

and start working
on your taxes

File your taxes, your way

Get expert help
or do it yourself.

Get started
close icon
icon help

Access additional help, including our tax experts

Post your question

to receive guidance
from our tax experts and community.

Connect with an expert

Real experts - to help
or even do your taxes for you.

Get started