InnovativeTax
Level 3

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!

0 Cheers