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1 reply

D
DawnCo
Level 4
October 25, 2023

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-drive-motor-vehicle-credit/L5cQfP3Kg

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