View Single Post
      01-10-2019, 10:29 PM   #86
bavarianride
Major General
1518
Rep
5,101
Posts

Drives: bimmer
Join Date: Feb 2013
Location: northern california

iTrader: (0)

Quote:
Originally Posted by hans007 View Post
$2500 state but there is the income cap now....150k single / 300k married. which kind of sucks a lot of people in the can comfortably afford $50k BMW crowd probably exceed that. sometimes I hate this state. pay the highest marginal rate... so we can pay for someone Fiat 500e that doesn't pay much income tax
https://www.arb.ca.gov/msprog/lct/cvrp.htm

This page says plug-in hybrid is $1500 for standard rebate with income limit $150k/$300k, or $3500 if income less than 3x of fed poverty level("lower income").

BTW fuel cell cars do not have income limit, standard rebate is $5000, while "lower income" is $7000.

It may be a good idea to slack off for a year or two to qualify as "lower income", and just load up on all the CA tax credits. Just make sure the income tax is high enough to utilize $5400 fed credit.
Appreciate 0