tax credits

All, I'm filing my tax return and not sure if this has been addressed anywhere else in the community so hopefully this assist me and others. In order to claim a credit for the Tesla PowerShare Gateway using Form 5695 (Residential Energy Credits). I've searched online and gotten mixed opinions...

So heres a question for you internet tax pros: if I buy a 2025 CT in 2025, and it qualifies for the EV tax credit, I would have to claim it on my 2025 tax return right? so does that mean my MAGI would have to be under $150k for 2025 to qualify? OR since the credit *May* go away in 2025, can I...

Hi, I have a single member LLC with the S Corp election and have a delivery date next week for my 79k Non-FS Cybertruck AWD. I'm wondering if I can qualify for the IRS 45W / Commercial Clean Vehicle Credit by purchasing it through my business. Whether I buy it personally or through the...

With Powerwall 3 now available in the US, I was looking at the guidance on the Federal tax credits for "qualified battery technology". My understanding is that as of 2023, battery-only stand alone installations without solar qualify for the 30% tax credit. Assuming the Cybertruck is just a big...