Hi everyone,
I am about to move to the US and intend to get the Model S as my car. Very excited about it!
I am not entirely sure when exactly I will "officially" be in the US from a tax perspective as it depends on how long it takes to get my visa and such sorted out. I would expect it to take 2-3 months.
Does anyone know if it matters when the car is delivered when it comes to getting the federal tax credit? In other words, if the car is delivered before I am officially based in the US, can I still get the tax credit at year-end? I would expect to only pay US taxes from the time I am based in the US, but and am not clear whether that also impacts any credits I may include in my return.
I am struggling with timing the delivery and my move and it would help if I can decouple both. I am regularly in the US currently so could potentially take delivery earlier.
Thanks,
John
I am about to move to the US and intend to get the Model S as my car. Very excited about it!
I am not entirely sure when exactly I will "officially" be in the US from a tax perspective as it depends on how long it takes to get my visa and such sorted out. I would expect it to take 2-3 months.
Does anyone know if it matters when the car is delivered when it comes to getting the federal tax credit? In other words, if the car is delivered before I am officially based in the US, can I still get the tax credit at year-end? I would expect to only pay US taxes from the time I am based in the US, but and am not clear whether that also impacts any credits I may include in my return.
I am struggling with timing the delivery and my move and it would help if I can decouple both. I am regularly in the US currently so could potentially take delivery earlier.
Thanks,
John