How does this $7,500 tax credit work? Does your car dealer file some kind of paperwork that makes this automatic? Do you have to find the right form yourself and remember to file it at the right time in order to get the check or credit? Just when and where is all of this handled? I've heard that you get the credit even if you end up owing $0 in federal taxes, is that true? If so, I imagine that you have to cross your 't's and dot your 'i's for that kind of money. Apologies to non-U.S. taxpayers who probably don't care about this topic.