My spouse and I both purchased Used EVs with the tax credit in 2025 and transferred the credits to the dealership at time of sale. Each car was registered in our individual names and SSNs. We are Married Filing Jointly. VINs match the Form 15400 report submitted by dealer and copied to us. When we try to file with…
I believe in previous years, the EV tax credit would only reduce your tax burden. If you had a $7500 EV credit, but your taxes that year were only $3000, you'd only get a $3000 benefit and lose on the other $4500. However, I read this is changing:…
Hello, After entering in my income & general deductions, I still owe a few thousand dollars to the IRS. I then entered in my Clean Vehicle Credit information (I purchased an EV with the $7,500 qualification in 2023). I ran through the prompts and saved the info, yet nothing changed with my tax liability amount. Am I…
I'm single, don't make a lot of money, and typically don't itemize. I bought an EV this year, so how can I take advantage of the EV tax credit? I tried to itemize last year but didn't meet the $12,500 threshold. I hate to leave $7500 on the table. Thank you.
It looks like you're new here. Sign in or register to ask and answer tax questions.