Credit of $7500 for plug in electric car

Forum|Forum|4 years ago
June 3, 2022
2 replies
23 views

Why am I not seeing my total tax liability reduced by $7500 even though it shows on form 8936 my car qualifies for the full credit amount? Does it only affect my federal income tax liability and not the self employment tax?

Shouldn't it reduce my total tax liability by $7500?

Thanks for your help,

Sylvia.

ProSeries Professional

This topic has been closed for replies.

BobKamman

Level 15

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