InnovativeTax
Level 3
03-11-2024
06:20 PM
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Hello all,
Is anyone else having a problem with the Federal Electric Tax credit that its being reduced by other credits and the Tentative Minimum Tax calculation. Taxpayers thought its the full $7,500 and cant find any guidance about it.
Furthermore, I have a client that has an 2023 EV vehicle purchase AND Solar Purchase and its reducing the EV credit down to ZERO! Ouch
Anything guys?
Thank you!
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