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February 19, 2025
Question

$7,500 EV credit

  • February 19, 2025
  • 1 reply
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I transferred the $7,500 credit to the dealer for a new vehicle (Tesla Y 2025), but when filling out form 8936, on line 16 where it says “maximum vehicle credit amount” it lists $4000. Help. 

    1 reply

    February 19, 2025

    Please double-check that you selected that you purchased a 'new' vehicle instead of a 'used' one.  That can limit the credit amount to $4000 before you have even specified what vehicle you bought.

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