tesla model y tax credit reddit
My theory is expect no tax credit and just take delivery when they tell you it has arrived. Sorry but dont know how you thought it was still available.
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. Posted by 14 hours ago. EV Federal Tax Credit for 2021 Tesla. Posted by 6.
Tags Model Y tax tax credit upgrade E. 1 Tesla Model Y Tax Write Off. Both trims have received a 1000 price.
Help Reddit coins Reddit premium. So for example if you purchase a vehicle for 75000. Reddit iOS Reddit Android Rereddit Best Communities Communities About Reddit Blog Careers Press.
Since the new law would take the tax credits off the price of an EV at the time of purchase Tesla is making moves to get more money upfront from its customers before getting the rest from Uncle Sam. Start date Feb 21 2021. Im curious what others in my position are thinking - are you waiting to see if Congress passes the 7500 extension removing the 200k limit that TeslaGM surpassed years ago or the newly proposed 10000 credit.
Which I dont understand because I purchased it when it was and couldnt. Lets hope they approve an extended Federal Tax credit of 7500 for all until a date such as 2024. This credit includes both the 7500 main credit plus another 500 for Tesla cars with American-made batteries House version or another 2500 Senate.
Bonus add a 5000 Tax credit for Level 5 FSD until 2030 for all. The tax credit is surely dead. 11 Business Percent Use.
Might as well order now because Tesla is sold out for 2021. Tesla and gm are set to regain access to tax credit worth 7000 on 400000 more electric cars in the us with new proposed reform of the federal ev incentive program. Approved for financing and everything but the new rates make it so I have to spend 6000 more to buy the car.
I saw where EVs should get 2500-7500 tax credit and that is not reflecting in my estimated refund. Also would love to hear if anyone thinks if 2023 has a fed tax credit if it would be retroactive to 2022 buyers. All about the Tesla Model Y to complete Teslas S-3-X-Y lineup.
The credit is the smaller of 30 or 1000. Created May 3 2016. 2022 Tesla Model 3 RWD 18 46990 1450.
Now when I am filing my taxes through TurboTax it says that the credit is no longer available. I purchased my Tesla Model Y in late Feb. EV tax credit increase to 12500 makes the cut in Bidens Build Back Better framework.
If an when this new bill passes it could be as much as 12500 but only if made by a union in the USA so tesla wont qualify cause its non union fing stupid if u ask me since tesla has done more to make EVs more viable. NY only has a 2k ev rebate. 12 Ordinary and Necessary.
The government expects the new tax to bring in as much as 34 million in revenue in the first year. 11 hours agoTesla has also posted record sales results for 2021 managing to sell an impressive 936222 electric cars around the world. The US Federal Tax Credit gives individuals 30 off a Home Electric Vehicle charging station plus installation costs.
1 day agoTax Credit. All about the Tesla Model Y to complete Teslas S-3-X-Y lineup. Either way the only date that matters is the date you take delivery so BEST case scenario yes youd claim the credit on your 2022 tax return in early 2023.
All about the Tesla Model Y to complete Teslas S-3-X-Y lineup. California has very specific rules pertaining to depreciation and limits any Section 179 to 25000 Maximum per year. LR AWD 21 69990.
Tesla Model Y Tax Write off California. Reddit iOS Reddit Android Rereddit Communities About Reddit. I know the Y just went up in price and the wait list is only growing.
Created May 3 2016. 2022 Tesla Model Y Review New Tesla Model Y Suv Price Performance Range Interior Features Exterior Design And Specifications Carbuzz. Most Tesla cars sold starting on January 1 2022 would be eligible for an 8000 or 10000 credit.
For instance once Tesla sold 200000 vehicles no matter which model it was the credit was phased out. Then require only new zero emission autos sold after 2050. The renewal of an EV tax credit for Tesla provides new opportunities for growth.
2022 Tesla Model Y Perf. Sometimes the best decision is to do nothing at all. Reddit iOS Reddit Android Rereddit Communities About.
Electrek noticed that Tesla has increased the price of the Model Y by 1000. That should be fair sales for US buyers and from all auto manufactures sold in the US. Xcel Energy offers income qualified customers 5500 rebate for new and 3000 rebate for used eligible electric vehicles in lieu of state tax credit.
All of the Tesla lineup models including the Model S Model X Model 3 and Roadster have exceeded the limit. But could be making it up. It was cut in half again to 1875.
Plug in is 10k more but has a 7500 tax credit and the savings on gas would pay for the additional 2500 cost in 3-4 years if gas stays above 4 a gallon. A long time ago. Press J to jump to the feed.
Press question mark to learn the rest of the keyboard shortcuts. Cancelled the Tesla to save my bread until I can afford it in cash. Help Reddit coins Reddit premium.
Focus had already shifted to other priorities for the Democrats and now with Russia invading Ukraine it as a complete afterthought. Must be purchased and installed by December 31 2021 and claim the credit on your federal tax return. I thought I heard of that precedence.
3750 for tax years 2025-26. EV tax credit increase to 12500 makes the cut in Bidens Build Back Better framework. Make sure your financial situation is healthy.
Jul 7 2021. About careers press advertise blog Terms. The range-topping EV6.
And a heat water pump isnt bringing it back nor. Help Reddit coins Reddit premium. All about the Tesla Model Y to complete Teslas S-3-X-Y lineup.
All about the Tesla Model Y to complete Teslas S-3-X-Y. The Tesla Model Y Long Range went up to 58990 from 57990 and. Tesla Model S Model 3 Model X Model Y Roadster 2008-2012 Roadster 202X Cybertruck.
Tesla hasnt had a 7500 tax credit since 2018 the phase out began when they the hit the 200000 cars sold mark. Initially the tax credit was cut in half from 7500 down to 3750. All about the Tesla Model Y to complete Teslas S-3-X-Y lineup.
The Tesla Model Y Long Range went up to 58990 from 57990 and. It was cut in half again to 1875. Do Teslas not qualify for an EV tax credit.
On the website at the time it said there was still a 2000 Federal tax credit available.
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