Hello everyone. Long time looker and first time poster, literally
I joined the forum to become more familiar with Tesla and particularly the model 3. I am ready to purchase a new Model 3. I have been following the purposed bill closely. It is also why I have not ordered already. I am unclear if the EV credit will be applied to purchase price or as a tax credit (to remove tax liability not as a refund). If it is the latter I believe it would be beneficial to push purchase to 2022 and adjust withholding throughout the year to take advantage of the $10,000 credit. My current tax situation nets my family a refund every year so the new tax credit would do me no favors. I don't believe I could create $10,000 of tax liability from 9/27 to end of year.
Or, am I viewing this all wrong?? I'm glad to be part of the community and look forward to learning from all of the members here.