EV Tax Refund

Forum|Forum|2 years ago
April 24, 2024
1 reply
24 views

Hello,

How am I able to get my tax refund $7500 for my 2023 Tesla Model 3. When I input all my information it came out to $0, but im not sure if I did the correct steps. Can someone please tell me how I should move forward with this? I have already submitted my taxes.

Thank you,

Kim

Ask the Experts - Refund II - April 2024

AnnetteB6

Level 15

If you have already submitted your tax return and it has been accepted by the IRS, then the only way to try to claim the credit is to file an amended return.

You can create the amended return and ask questions along the way if you need further help from the Community here, but if you completed the section and there was no indication of any issues other than TurboTax stating that your credit amount is $0, then an amended return may not give you any different results.

Take a look at the return that you filed to see if you had any tax liability that could be offset by the EV credit. If there is no tax liability, then you would not receive the credit. Look at line 18 of your Form 1040 to see if it is greater than zero. If so, then it may be worth trying to amend your return.

Use the following TurboTax help article to get started:

How do I amend my federal tax return?

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kimbellaxoAuthor

Level 2

Hi Annette,

Thank you for the helpful information. Unfortunately I do not have a 1040 form, I have a W2, 15400, and a 1098-T. Is there something on any of those documents that I can reference to see if the amend would be worth going forth with? Also, where can I find my tax liability?

Thank you,

Kim