llinthicum1
Well-Known Member
- Joined
- Jan 21, 2021
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- 31
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- 28027
- Vehicles
- 2007 Ford Mustang, 2020 Ford Escape
- Occupation
- Retired
- Thread starter
- #1
I have question about the $7,500 Federal Tax Credit that customers receive if they purchase a Mach-e. If the customer's Federal tax liability is less than the $7,500, do they still receive the full $7,500 or do they receive the tax credit equal to their tax liability. Just curious if the tax credit is $7,500 or up to $7,500. Also, I'm guessing that the tax credit is received when the customer files their taxes, not at the time of purchase.
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