Alternative fuel vehicle refueling property credit

montgom626 · Jan 17, 2013

So, anyone knowledgeable enough to know if this helps any of us??
[FONT=arial,Helvetica,sans-serif]
May Qualify for up to $1,000 in Tax Credits[/FONT]

http://www.law.cornell.edu/uscode/text/26/30C

For more information, please visit:

US CODE: http://www.law.cornell.edu/uscode/text/26/30C

And download:

2011 IRS FORM: http://www.irs.gov/pub/irs-pdf/f8911.pdf
(Subject to change, updated by the IRS)

Robert.Boston · Jan 17, 2013

IANAL, nor am I a tax accountant, but my understanding of the plain meaning of this part of the tax code and the IRS form is that there is a 30% credit for property placed in service to recharge EVs, up to $1,000, not to exceed one's taxes. I certainly planned on filing for my credit! This almost makes me wish that Tesla had lowered the price of the Model S by $500, then charged us the $500 for the UMC. I could have gotten a credit for another $150.

* This is not tax advice. Consult your lawyer or accountant. *

montgom626 · Jan 17, 2013

Robert.Boston said:
I This almost makes me wish that Tesla had lowered the price of the Model S by $500, then charged us the $500 for the UMC. I could have gotten a credit for another $150.

* This is not tax advice. Consult your lawyer or accountant. *

I like the way you think!

Owner · Feb 18, 2013

I just noticed this myself. So it would apply perhaps for High Power Connectors?

How about my purchase of an adaptor for my existing High Power Connector from Roadster to Model S?

Search

Alternative fuel vehicle refueling property credit

montgom626

Active Member

Robert.Boston

Model S VIN P01536

montgom626

Active Member

Owner

Active Member

Similar threads