- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
2022 Tesla Y electric is suppose to get a $7500 tax credit but the software is not
picking it up. I verified that it is entitled to a $7500 tax credit and I've done several
electric car credits in the past and checked that my entries are correct. Can anyone
shed some light on what I might be doing wrong.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Tesla ran out of credits in 2021 and were a bust for 2022, they brought back the credits in 2023 though.
A 2022 Tesla bought in 2023, would qualify.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Is there any way you can do it by entering an adjustment on the line?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
check their AGI - is it too high? We had 1 client this year for EV and it was a Tesla - their income was over the limit for the credit.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
@ljr wrote:
check their AGI - is it too high? We had 1 client this year for EV and it was a Tesla - their income was over the limit for the credit.
Tesla didn't qualify at all for 2022. And there was no income limit in 2022.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Override to take a credit that doesn't exist?
Really....
Tesla's did NOT qualify for 2022. Period. Full stop....
@maui doug - where'd you find documentation that your client's Tesla qualified?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
#abc I don't waste time stating the obvious.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yet you post a comment to "override"
FOR a credit that doesn't exist.
I'm just making it obvious that what you suggest isn't correct or allowed.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thank you for your reply
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
thank you for your reply
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
client said the salesman said it was good in 2022 - I then looked it up on Google but did'nt check if it was for the year 2022 then found out it Tesla Y qualifies in the year 2023 not 2022