The "Point of Sale" credit process is an option YOU have to transfer the credit to the dealer. You also still have the option to do it like we have for the last several years and file for the credit when you file your return next year.
If you opt for the credit transfer, you provide your Tax...
CyberTruck is geared for low end torque and speed limited to minimize the number of motors that spin themselves apart during the 8 year warranty period. I expect that Tesla will be selling speed boost upgrades eventually, and unless they uncork higher top speeds, police agencies aren't likely to...
Back in the Model 3 early ramp I heard about Tesla allowing reservation transfers among family members, but it's up to Tesla to agree to that. I'd get an approval from Tesla before I put down a $1000 nonrefundable deposit.
But that travel trailer has about the maximum Coefficient of Drag for most travel trailers. Franz and Lars mentioned that aero drag is a bigger factor in lowering range than weight is. I'd love to see their watts/mile graph. That trailer is probably about equivalent to the 30' AirStream...
The vehicle buyer can choose to transfer the credit to the dealer and take the cash at the Point of Sale (PoS), or have the credit applied to the down payment. The vehicle seller (dealer) will take the buyer's Tax ID # (ex. Social Security Number) and the vehicle information and enter it into...
Wrong.
It's still a tax credit, it's just that the "dealership" can apply it to your down payment. Dealers will have access to an IRS website that will tell them if you're likely to qualify (income likely low enough, tax liability likely high enough). If you get the credit at Point of Sale...
The EV tax credit is only a "credit". It isn't a refundable credit, so if you have no tax liability you cannot claim the credit. Look at line 16 of last year's tax return*. if that line is zero you can't claim any EV credit. If it's between $0-$7500, you can take that much, andIf that line is...