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Looks like IRS updated their webpage and Model 3 and Y are still on the list of eligible vehicles.
Credits for new clean vehicles purchased in 2023 or after | Internal Revenue Service
You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle.www.irs.gov
The purchase price should be under $80k for Model Y. I believe both 5 and 7, LR and P qualify for tax credit.Does anyone know the obvious differences ? I guess I don't care as long as my 5 seater Model Y still qualifies ..
Updated date on IRS webpage shows today’s date.Not sure anything updated - the news release pages shows nothing new
Inflation Reduction Act of 2022 | Internal Revenue Service
Inflation Reduction Act changed a wide range of tax laws and provided funds to improve our services and technology to make tax filing faster and easier.www.irs.gov
Could be wrong but it looks like they added a couple of 2024 models, one being the GV70.Looks like IRS updated their webpage and Model 3 and Y are still on the list of eligible vehicles.
Credits for new clean vehicles purchased in 2023 or after | Internal Revenue Service
You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle.www.irs.gov
Topic C — Frequently asked questions about when the new requirements apply to the New Clean Vehicle Credit | Internal Revenue Service
Frequently asked questions about when the new requirements apply to the New Clean Vehicle Creditwww.irs.gov
This page has not been updated since the beginning of last month and question 4 is the relevant one.
Treasury to release EV tax credit guidance next week
The guidance will determine which electric vehicles are eligible for tax credits of up to $7,500 from the Inflation Reduction Act.www.eenews.net
Well they still have a couple of days this week left to issue guidance.
May end up screwing around with leasing... ridiculous - if dealers get the credit so they can pass it on thru leasing, then they'll gouge most of it thru higher prices or worse lease terms! Maybe not Tesla - but definitely ford, toyota, etc......... Also - why the F.. should Hertz etc get the full credit and individuals not? Hertz has lobbyists I guess..
Edit: F*** Manchin, what an AH
Now that we're down to the wire is it safe to assume my Y EDD of 3-31 to 4-15 is not going to qualify unless I get a miracle VIN tomorrow/Fri? It's a base 7 seaterTreasury to release EV tax credit guidance next week
The guidance will determine which electric vehicles are eligible for tax credits of up to $7,500 from the Inflation Reduction Act.www.eenews.net
Well they still have a couple of days this week left to issue guidance.
Nobody knows tbhNow that we're down to the wire is it safe to assume my Y EDD of 3-31 to 4-15 is not going to qualify unless I get a miracle VIN tomorrow/Fri? It's a base 7 seater