Hi atreis. I reserved mine Feb 2022 an got it Feb 2023... so how would that work with taxes next year? Ty!
I have read through both the law and regulation multiple times. Both say the same thing on pre law binding agreements. The BEV (Ariya in this case) is considered "placed in-service" on the date of the agreement.
If you signed the binding agreement for reservationists, then from here:
Did you sign the binding agreement before August 16, 2022? I signed the agreement and filed my taxes recently after I got the car with the EV tax credit for 2022 taxes. I also selected audit defense from TurboTax in case of any issue with this or the other new items in my taxes. I think it was $45, but when I paid by credit card it was discounted $10, so I paid $35. From what I understand it's only good for 2022 taxes using the binding contract.
Hi.. no I did not sign the binding contract because I was not sure if I wanted the car. I owned my murano. I guess next year we will see.
I need a little help from my forum members. I"m doing my taxes now on TurboTax. As an early reservationist with a binding contract, what do I put in the field:If you signed the binding agreement for reservationists, then from here:
Credits for new electric vehicles purchased in 2022 or before | Internal Revenue Service
If you bought or leased a new, qualified plug-in electric vehicle (EV) in 2022 or before, you may be eligible for a clean vehicle tax credit up to $7,500 under IRC 30D.www.irs.gov
If you scroll down to specific instructions, line 3. I used that, and it goes in both dates. I submitted my taxes almost 2 weeks ago, so waiting to see the result, but I did sign up for audit defense through TurboTax, $35 on credit card.
Thank you very much!If you scroll down to specific instructions, line 3. I used that, and it goes in both dates. I submitted my taxes almost 2 weeks ago, so waiting to see the result, but I did sign up for audit defense through TurboTax, $35 on credit card.
Line 3
Enter 08/15/2022 if you qualify and elect to apply the transition rule discussed below.
For a while we were all pretty much in limbo, and the conservative assumption was that there would not be a credit. I think some forum members still remain uncertain about the credit. As for me, if I do go ahead with my Ariya purchase, I'll amend my return.
Since we just took delivery of our Ariya yesterday I hustled in to our accountant this morning and explained why we waited so long to file until the last minute. He said no problem, he will just file for an extension before the deadline on the 18th. He considered that approach would require fewer steps vs actually filing our return and then amending that return at a later date.
Filing extension only is good if you don't owe any taxes. Otherwise, you should estimate and pay any owed taxes by your regular deadline to help avoid possible penalties and interests.. The inconvenience of filing amended tax is not electronically, you have to mail it in, and doing the taxes twice to show the differences...
No No! The CA Clean Air rebate is super duper easy to fill out. It’s one of the easiest forms I ever filled out. Once you submit, the check will be in the mail within 7-8 business days. I was shocked how easy it was!Hello, first post. We took position of our Ariya Platinum+ last week. So far, the car is nice, the service is not.
There is a 2k refund from the Clean Vehicle Rebate Project website.There is also a rebate for the charger install I believe, IRS Form 8911. It looks very difficult to understand, so we are going to take our paperwork to our tax accountant for help on this one.Eligible Vehicles | Clean Vehicle Rebate Project
.vehicle-apply { display:none;} article.node--type-basic-page div.node__content .field--name-body { padding-bottom: 0; }cleanvehiclerebate.org
And don't forget that the car is eligible for the HOV lane, at lease here in CA for $22.
Cheers!
Congrats on FINALLY getting your Ocean Blue Evolve+! Was there a post that I missed about your purchase yesterday?
