tesla model y tax credit reddit

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 lineup.

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Then require only new zero emission autos sold after 2050.

. Also would love to hear if anyone thinks if 2023 has a fed tax credit if it would be retroactive to 2022 buyers. The Tesla Model Y Long Range went up to 58990 from 57990 and. Fort Collins offers a 250kW incentive up to 1000 filed on behalf of the customer.

It was cut in half again to 1875. All of the Tesla lineup models including the Model S Model X Model 3 and Roadster have exceeded the limit. The amount of the credit is taken off the top of the car you should have received it already.

Posted by 6. At first glance this credit may sound like a simple flat rate but that is. This propelled the EV maker up 35 places on the Fortune 500 list thanks.

Any vehicles purchased after that date are no longer eligible for the Federal credit due to the number of vehicles manufactured. 1 Best answer. That should be fair sales for US buyers and from all auto manufactures sold in the US.

Help Reddit coins Reddit premium. Lets hope they approve an extended Federal Tax credit of 7500 for all until a date such as 2024. The Federal tax credit for Tesla vehicles was phased out to zero at the end of 2019.

Reddit iOS Reddit Android Rereddit Communities About Reddit. Do Teslas not qualify for an EV tax credit. About careers press advertise blog Terms Content policy.

All about the Tesla Model Y to complete Teslas S-3-X-Y lineup. 11 hours agoTesla has also posted record sales results for 2021 managing to sell an impressive 936222 electric cars around the world. Xcel Energy offers income qualified customers 5500 rebate for new and 3000 rebate for used eligible electric vehicles in lieu of state tax credit.

Press question mark to learn the rest of the keyboard shortcuts. 21 votes 50 comments. Updated Tax Credit InfoDecember 31st looks promising Close.

Ordering Production Delivery. Posted by 2 days ago. In the end 3 beat out 2.

Press question mark to learn the rest of the keyboard shortcuts. For instance once Tesla sold 200000 vehicles no matter which model it was the credit was phased out. I saw where EVs should get 2500-7500 tax credit and that is not reflecting in my estimated refund.

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. Initially the tax credit was cut in half from 7500 down to 3750. But could be making it up.

California has very specific rules pertaining to depreciation and limits any Section 179 to 25000 Maximum per year. There is tricky analysis here but it may end up costing you. Help Reddit coins Reddit premium.

Looks like they consider the tax credit as part of a US protectionist policy only US. All about the Tesla Model Y to complete Teslas S-3-X-Y lineup. Most Tesla cars sold starting on January 1 2022 would be eligible for an 8000 or 10000 credit.

Make sure your financial situation is healthy. Built vehicles would be eligible for the 12500 credit after 2027 under a House proposal. 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.

Created May 3 2016. Electric Vehicles Solar and Energy Storage. Sometimes the best decision is to do nothing at all.

As in you may qualify for up to 7500 in federal tax credit for your electric vehicle. This credit includes both the 7500 main credit plus another 500 for Tesla cars with American-made batteries House version or another 2500 Senate. My theory is expect no tax credit and just take delivery when they tell you it has arrived.

If you took delivery of your car out of state you do. 2 days agoFor the two newer models 3 and Y we will pay the minimum 4500 down payment. You run into an issue if CRA designs your 80000 Model Y is only used lets say 60 or 80 for business.

The renewal of an EV tax credit for Tesla provides new opportunities for growth. Approved for financing and everything but the new rates make it so I have to spend 6000 more to buy the car. Cancelled the Tesla to save my bread until I can afford it in cash.

Might as well order now because Tesla is sold out for 2021. 1 Tesla Model Y Tax Write Off. Tax Credit Model Y.

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NY only has a 2k ev rebate. Tesla Model Y Tax Write off California. Tags Model Y tax tax credit upgrade E.

So based on the date of your purchase TurboTax is correct stating that the credit is not. Press J to jump to the feed. You need to take delivery from a dealer in New York and is authorized to provide the rebate.

I thought I heard of that precedence. All about the Tesla Model Y to complete Teslas S-3-X-Y lineup. Created May 3 2016.

3 Buying personally and paying mileage. 2 Buying personal and doing the 100 write-off. For the veteran models X and S we will use the minimum required 7500 down payment.

In New York state the tax credit is issued through the dealer. Press J to jump to the feed. Blog Hot New Questions Forums Tesla Model S Model 3 Model X Model Y Roadster 2008-2012 Roadster 202X Cybertruck SpaceX.

Reddit iOS Reddit Android Rereddit Communities About. So for example if you purchase a vehicle for 75000. All about the Tesla Model Y to complete Teslas S-3-X-Y.

EV tax credit increase to 12500 makes the cut in Bidens Build Back Better framework. 1 Buying through the Corp. 3750 for tax years 2025-26.

Bonus add a 5000 Tax credit for Level 5 FSD until 2030 for all. 303k members in the TeslaModelY community. Discuss Teslas Model S Model 3 Model X Model Y Cybertruck Roadster and More.

About careers press advertise blog Terms. EV tax credit increase to 12500 makes the cut in Bidens Build Back Better framework. 12 Ordinary and Necessary.

11 Business Percent Use. Local and Utility Incentives. The range-topping EV6.

Both trims have received a 1000 price.

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Sometimes The Best Decision Is To Do Nothing At All Cancelled The Tesla To Save My Bread Until I Can Afford It In Cash Approved For Financing And Everything But The New