Volkswagen ID4 2022 OR Audi Q4 50 etron quattro 2022

[michaeledwards]

Just now, prince143 said:

bro can you elaborate on this process?

 

Does everyone(any elecitric car/Plugin hybrid) qualify for this amount? Does your employer need to hold taxes for that year so you can claim this later when filing? How does it work if your FT?

It depends on the vechicle make bro, except telsa most of the manufacturers still eligible for 7500( once manfacutrer sells 200000 EV vehicles then you dont get.tax credit). There is nothing do with out job/company. While filing taxes, fill form 8936 .

 

You can google for if your car eligile for tax credit.

[Tofu]

On 4/25/2022 at 7:52 AM, michaeledwards said:

It depends on the vechicle make bro, except telsa most of the manufacturers still eligible for 7500( once manfacutrer sells 200000 EV vehicles then you dont get.tax credit). There is nothing do with out job/company. While filing taxes, fill form 8936 .

 

You can google for if your car eligile for tax credit.

if it is tax rebates, for leased vehicles how come they deduct $7.5k on purchase price ?

[michaeledwards]

3 minutes ago, Tofu said:

if it is tax rebates, for leased vehicles how come they deduct $7.5k on purchase price ?

for leased vehicles 7500 deducted from the total lease amount