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  1. Caramel Mach-e-ato

    Crud, what a crappy disconnect from reality….. got an email.

    If anyone is interested, my ā€˜oldā€™ 22 GTPE with 7k miles is still sitting on the dealer lot. Been there for 90 days. Priced at $58k. Probably could get it for $55k. Grabber blue. Here in NC. Nothing wrong with it.
  2. Caramel Mach-e-ato

    TurboTax IRS Form 8936 Qualified EV Credit Section Now Available

    Filed this morning via cell phone. Accepted by the IRS within 30 minutes. šŸ’°
  3. Caramel Mach-e-ato

    IRS recategorizes Mach-E as SUV with $80,000 limit

    spot on! In 28 years of working with the USG, policy, regulations and implementation move at glacial paces - unless there is POTUS and Congressional scrutiny. The fact that the new credit guidelines came out in -33 days after Dec 29 publication is relatively lightning fast for inter-agency...
  4. Caramel Mach-e-ato

    IRS recategorizes Mach-E as SUV with $80,000 limit

    Just last week I was pondering the potential for the Treasury/IRS to ā€˜correctā€™ the tax credit guidelines to expand MME to $80k. Here we are. So, pondering another pointā€¦.perhaps they issue the updated battery guidelines sooner than late March to provide clarity. Which either halves the currently...
  5. Caramel Mach-e-ato

    Welp, I did it…

    Agree with your point on great value. Iā€™m starting to see 21 and 22 GTPEā€™s in our area (NC) for -$55-$57k. Thatā€™s with Panoramic roof and Blues Clues. Under 7k miles. The ramifications of the full tax credit window will likely accelerate this trend next week IMHO. Congratulations to the OP for...
  6. Caramel Mach-e-ato

    IRS recategorizes Mach-E as SUV with $80,000 limit

    I pounced on mine tonight. Dealer still had the one I passed on 2 weeks ago. GTPE. Moved before the interest picked up and ford re-increased prices. Relatively nice deal only open for a short window
  7. Caramel Mach-e-ato

    Money FROM Dealership?

    If itā€™s $500 exactly, I agree with Rick. Your deposit coming back to you.
  8. Caramel Mach-e-ato

    To do or not to do…

    Battery components is not ā€˜ a thing ā€˜ yet. Once the IRS publishes guidance in March, then itā€™s likely ā€˜onā€™. Right now what counts is ā€˜made in North Americaā€™ and income. So, a vehicle available now is a good thing. Saw a used 22 GTPE on Carmax today for $57k with Blues Cruise.
  9. Caramel Mach-e-ato

    TurboTax IRS Form 8936 Qualified EV Credit Section Now Available

    I wonder if they will have any liability for bad point of sale tax credits next year. Itā€™s the only way to keep them honestā€¦skin in the game.
  10. Caramel Mach-e-ato

    To do or not to do…

    Can you wait? Time is most likely your friend - and not one for the dealers and corporate. Inventory builds out there and something will have to give. As the auto industry reverts to ā€˜status quo anteā€™ to Covid, you may be in a great position to pit dealers against each other for the ā€˜bestā€™...
  11. Caramel Mach-e-ato

    TurboTax IRS Form 8936 Qualified EV Credit Section Now Available

    I feel like I should be getting some consulting fees from my dealership for overall education on the MME and the new tax credit that I provide to them. šŸ˜ŠThey are a great dealer to work with, but those of us who are neck-deep in this stuff outpace their understanding by far. (Iā€™m in a small...
  12. Caramel Mach-e-ato

    TurboTax IRS Form 8936 Qualified EV Credit Section Now Available

    Mine did too. Itā€™s still in there, but it gives me zero credit right now. I still have plenty of tax liability. Iā€™m hopeful that TT works it out prior to end of January. šŸ¤ž
  13. Caramel Mach-e-ato

    Did you know there's a tax credit for installing a charger and/or wiring?

    Never said that you could fileā€¦..but they made it available šŸ˜Š
  14. Caramel Mach-e-ato

    Did you know there's a tax credit for installing a charger and/or wiring?

    Itā€™s not income limited but it appears to be ā€˜non-refundableā€™.
  15. Caramel Mach-e-ato

    Did you know there's a tax credit for installing a charger and/or wiring?

    TurboTax just made the EV credit section available today in its programming. It now will process the $7500 credit.
  16. Caramel Mach-e-ato

    Did you know there's a tax credit for installing a charger and/or wiring?

    I think you are right. DIY doesnā€™t appear to be an option. I used a local licensed electrician. Got the full credit.
  17. Caramel Mach-e-ato

    Tesla Slashes Prices

    i literally just turned mine down today. Came in this week. So, if anyone is looking for a 23 GTPE with all options and Grabber Blue, I can match you up with the dealer here in NC. Iā€™m confident that it could be had for MSRP. My dealer recognizes that the environment has flipped and completely...
  18. Caramel Mach-e-ato

    Did you know there's a tax credit for installing a charger and/or wiring?

    Turbo Tax is still in the process of updating its programs. The 8911 currently reflects last years framework from 2021. They state that itā€™s not ready yet as they catch up to the last guidance from IRS. I would imagine that Block is the same. Likely updated forms/capacities to input probably...


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