We purchased a vehicle that qualifies for the full $7,500 tax credit for EVs in 2023. Our combined AGI is less than $300,000. Why does Turbotax say we don't qualify?

[sean40]

I have the paperwork from the manufacturer, I qualify according to the IRS website, but Turbo Tax doesn't even ask for details. It is like it is still coded for the old EV tax credits that have been used up.

[Cynthiad66 · Accepted solution]

TurboTax is aware of the issue and is working to resolve it quickly.  The IRS made updates to Form 8911 Alternative Fuel Vehicle Refueling Property Credit. TurboTax is planning to make updates around this by 02/28/2024. Please check back then to be sure you are eligible to receive this credit.