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jem_aslan
New Member

Why am I not seeing the $7500 tax credit for my EV purchase of a qualifying car?

I'm only seeing 62% of that $7500 for some reason.
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1 Reply

Why am I not seeing the $7500 tax credit for my EV purchase of a qualifying car?

Check the Tax on 1040 line 16.  You can only reduce that to zero.  If your non refundable credits reduce your tax to 0 you will get back all the withholding and payments and any Refundable Credits.

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