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      04-23-2023, 12:48 PM   #3
mermar
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Drives: 2023 330e xdrive
Join Date: Mar 2014
Location: USA

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Quote:
Originally Posted by SoCalJon View Post
I believe your tax credit is capped at $5836 (or something like that) as long as you took delivery by Apr 17.

https://www.irs.gov/pub/taxpros/fs-2023-08.pdf
Interesting - so even though at the time I purchased the vehicle it was 100% eligible for the full $7500/credit (triple-checked back in March when I took delivery). The rules have been modified with a lookback at transactions that already took place? Makes it difficult for purchasers when they make decisions based on current/published rules and then are impacted by revisions to those rules. I guess par for the course when it comes to govt/IRS.
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2023 330e, 2016 X5 50i Msport (SOLD), 2011 E90 M3 (SOLD),
BMCCA, F1 fan (Montreal every year)
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