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How do I add the state incentive for purchasing a new eletric vehicle to my state taxes

 
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1 Reply
JohnW152
Expert Alumni

How do I add the state incentive for purchasing a new eletric vehicle to my state taxes

If you're referring to Colorado's Innovative Motor Vehicle Credit, then, to enter your information in TurboTax Online: 

  1. Open TurboTax Online
  2. Select  Tax Home in the left pane
  3. On the  Hi, let's keep working on your taxes! screen, select the dropdown on the right side of the State Taxes box, then select StartContinue, or Pick up where you left off
  4. Proceed through the state screens until you come to the Take a look at Colorado credits and taxes screen
  5. Select Start to the right of Innovative Motor Vehicle Credit
  6. Enter all relevant information

If you're not referring to the Colorado credit, feel free to post back with more information:

  • What state are you referring to?  
  • What's the name of the state incentive?  
  • It's probably a credit -- do you know the name of the credit?
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