I see a lot of discussion here about the purchase date. I don't see that in the bill. I see some oddly worded language about the manufacturer date being 2022.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla EV Tax Credits coming back?
- Thread starter hnguy054
- Start date
Fluffhead
Member
65 pages of reading comments is long. lol
is the general consensus that the EV credit will NOT be valid for those vehicles (2022's) purchased before the new year? i can't seem to find any hard evidence that this may apply retroactively to cars purchased or delivered in say...November...?
is the general consensus that the EV credit will NOT be valid for those vehicles (2022's) purchased before the new year? i can't seem to find any hard evidence that this may apply retroactively to cars purchased or delivered in say...November...?
It would be nice if the credit is for 2022 vehicles then it should start after Nov 1 of this year since Tesla is giving 2022 cars starting Nov 1, 2021
Consumers will be very happy if this happens but who knows what is going to happen.
Plus, if this doesn't happen, consumers are going to put their orders on hold until January of next year and then who knows how long of a wait it will be? To be honest its hard to say No to $8k
Consumers will be very happy if this happens but who knows what is going to happen.
Plus, if this doesn't happen, consumers are going to put their orders on hold until January of next year and then who knows how long of a wait it will be? To be honest its hard to say No to $8k
Line 4, page 1247
So people don't have to search
Attachments
Spidey616
Member
The May 2021 retroactive piece was in senate legislation months ago. It has been replaced with what came from the House Ways and Means Committee and there has been no mention of retroactive credits in any of the updated legislation. I'd be shocked if that got inserted into the existing legislation that has been published for review and vote.
That's the oddly worded 2022 text I referred to. So, the manufacturers must agree to something for cars made starting in 2022. How exactly this connects to who gets the tax credit isn't jumping out to me. A 2022 VIN? A car purchased in 2022? A car made in 2022 (or later) that is purchased?
It'd be a shame to hold an order to find a November 2021 with a 2022 VIN would qualify. I'd be worse to hold, get the car in January, and find out you don't qualify because the car was made in December.
So later on in the law it says acquired after so I think I was wrong (at least for the tax credit portion we care about).
Attachments
t.e.s.l.a_dude
Member
No this is wrong. The language being used is either the car has to be manufactured in 2022 or "acquired" during 2022.
There's no version of the bill that mentions purchase date.
t.e.s.l.a_dude
Member
currently looks like the incentives will both be refundable. If you take ownership in 2022 when you file taxes for 2022 you will receive your money back. If you purchase in 2023, it will be a point of sale rebate.
Similar threads
- Sticky
