First of all, I have to give credit to Tesla for the incredibly fast response. I sent them an e-mail asking about the transferability of the reservations (including the part where it says in the agreement about needing Tesla's agreement in writing). Essentially, it was a big "no" for all but extreme cases (like if the reservation owner died after submitting production order).
My situation is this: I placed 2 reservations on the first day. I was told by a Tesla employee at the time (multiple ones actually, including the one helping me on the computer to place the reservations) that I could do it for immediate family members only. One if for me, but one is for my parents.
Apparently, that isn't true. At least it's not true anymore.
I was just told that I have to be the buyer and pay for both. However, I'm allowed to register the vehicles to whoever I want. But, since I'm the "buyer", I'm the one who is eligible for the tax credits.
Can you guys help me figure this out?
I have no problems dealing with the payment. It's my parents. We'll work it out.
I'm more concerned about the tax credits. I understand there's no limit, so I can apply for 2.
I also have more than $15,000 in tax liability every year. I can absorb it. However, I usually have slightly more than my tax liability withheld so I end up getting a small refund. That shouldn't affect my ability to get the credit, right? I'll just get a monster tax refund that year (or adjust my withholding to withhold less that year, etc).
I'd prefer to register my parents' car under their names, and have them apply for the credit for their vehicle. If we just register it under their name, can they just file that IRS form under their names and claim the credit regardless of who Tesla considers the "buyer"?
My situation is this: I placed 2 reservations on the first day. I was told by a Tesla employee at the time (multiple ones actually, including the one helping me on the computer to place the reservations) that I could do it for immediate family members only. One if for me, but one is for my parents.
Apparently, that isn't true. At least it's not true anymore.
I was just told that I have to be the buyer and pay for both. However, I'm allowed to register the vehicles to whoever I want. But, since I'm the "buyer", I'm the one who is eligible for the tax credits.
Can you guys help me figure this out?
I have no problems dealing with the payment. It's my parents. We'll work it out.
I'm more concerned about the tax credits. I understand there's no limit, so I can apply for 2.
I also have more than $15,000 in tax liability every year. I can absorb it. However, I usually have slightly more than my tax liability withheld so I end up getting a small refund. That shouldn't affect my ability to get the credit, right? I'll just get a monster tax refund that year (or adjust my withholding to withhold less that year, etc).
I'd prefer to register my parents' car under their names, and have them apply for the credit for their vehicle. If we just register it under their name, can they just file that IRS form under their names and claim the credit regardless of who Tesla considers the "buyer"?