tax credit

Hi, I was wondering where and when we’re supposed to get our tax forms to use in our tax return (for the deduction of a purchase in 2023). Was the dealership supposed to provide that? Has anyone gotten theirs yet? thank you!

I am looking for a Mach-E, and I was looking at a select, and it did not have all the features I wanted. I was looking at the base model RWD premium model, and it fits my need perfectly! I saw the price and it was under the new $55,000 limit, but with the shipping fee, it is above the $55,000...

I bought a Mach E 2022 CR1 earlier this year and also ordered a 2023 Premier model. Seems like I‘ll still get the Premier before Christmas this year and I consider trading in. Anyone knows if there is a risk on losing the tax credit for my CR1? Not sure how this credit works when trading in...

Consumer Reports reality check on the new tax credit for 2023: https://www.consumerreports.org/cars/hybrids-evs/electric-vehicles-that-qualify-for-new-ev-tax-credit-a9310530660/ The meat of it: ”A Congressional Budget Office analysis shows that the bill budgets for $85 million in new EV tax...

The news is from Jan'22, but there might be a Michigan EV tax credit coming. The PROPOSAL is $2000 for new EV purchase in addition to $7500 federal tax credit and what has already been present the $500 in-home EVSE. Source: https://www.michigan.gov/whitmer/0,9309,7-387-90499-576362--,00.html

Louisiana's legislature (having solved all other problems) acted last June to end its $2,500 EV purchase tax credit six months early, on July 1, 2021, six months ahead of the end-of-2021 date earlier enacted. There was no grandfather clause. This was passed with a huge bipartisan majority. I...

I'm going to pose this question to my accountant as well. It may come into sharper focus in Feb/March when we prepare our 2021 taxes. I'd like to claim as much of the federal tax credit of $7,500 as possible. to do so, I believe I need to have a tax liability up to $7,500. Wife's 401k pre-tax...

At today's Three Amigos summit (leaders of US, Mexico and Canada having IRL chat) Biden left open the door to adjusting the US only aspect of the boost to the tax credit, after Canada's Trudeau expressed displeasure at it. BBC News - Three Amigos summit: Awkward conversations for US with its...

Hi folks, I’m new here, I thought this might be an issue some NJ residents face, but did not find any discussion about it. I’m interested in a premium AWD with extended range, but adding these two options gives an MSRP of $55,300, exceeding the limit for NJ state credit (55000). I suppos dealers...

Hey y’all, I’m really wanting to order a MME, but the only thing holding me back is the potential of additional rebates that is supposed to be included in this infrastructure bill. Has anyone heard anything different and is it a good idea/ worth it, to wait? My current vehicle is treating me...

As I was putting this document together (mostly for myself), I decided part way through to make some adjustments so that others can leverage the research I've already done. This basic calculator has all of the EV rebates and tax credits available in California, along with my notes and...