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Where/how do I enter basis reduction for Qualified Plug-In Electric Motor Vehicle Credit on S Corp return??

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Level 1

I can't get the $7,500 basis reduction to calculate on a Tesla 3 purchased in 2018. I've entered all the credit information on Screen 26.

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Level 15

I think you have to manually reduce the basis of the auto.


ex-AllStar

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1 Reply 1
Highlighted
Level 15

I think you have to manually reduce the basis of the auto.


ex-AllStar

View solution in original post

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