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What's the deal with the state/federal incentives?

Discussion in 'Model S' started by singleview, Nov 21, 2017.

  1. singleview

    singleview Member

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    Location:
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    Hi folks. Got my Model S a bit over a year ago. I believe we are eligible for $7,500 income tax credit (federal) as well as $1,750 (PA State rebate, first 250 applicants).

    I submitted these when I filed my taxes last year. I did get the $1,750 from the PA State, but have not heard back at all for the federal rebate/incentive. :confused:

    Any suggestions/ ideas/ experiences? Is there a way to check the status?

    Thank you.
     
  2. idealsol

    idealsol Member

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    Location:
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    The federal form, 8936 as I recall, is simply filed as part of your return
    They would not notify you
    It would simply be a credit against total taxes owed
     
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  3. scaesare

    scaesare Well-Known Member

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    as @idealsol mentioned, this is a tax credit, not rebate. So provided you paid at least $7500 in taxes you would have seen this $$$ as part of your tax refund.
     
  4. singleview

    singleview Member

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    I shot off this post too soon. I just checked with my tax accountant, and apparently, this was included with my tax returns! So I'm happy about that... but disappointed now realizing that my tax returns last year were not as much as I had thought they'd be. Oh well!!

    At least I got the rebate!!
     
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  5. singleview

    singleview Member

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    Thank you - that was a "duh" moment for me.

    :rolleyes:
     
  6. scaesare

    scaesare Well-Known Member

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    Glad you got the $$$!
     

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