I've seen many threads discussing whether Tesla Motors actually filed for certification, along with a few links to IRS pages. However, I've not seen any mention of which Form we must attach to our tax return in order to take the $7,500 credit for purchasing a Roadster 2.5 (in 2011, for me).
A quick search at the IRS shows a 2010 Form 8936, so I assume it would be the same form number for 2011.
Does anyone have experience filing this form? Any suggestions or warnings?
While I'm here, I have a couple of related questions:
One of the IRS pages says that the person taking the credit must have title under state law. How is this affected when the car is purchased with a loan? Does the bank hold the title until the loan is paid in full?
When filing 2011 taxes, does the purchaser have the responsibility to provide a copy of the certification? I assume that we can all just trust that Tesla Motors has proper certifications on file and up to date with the IRS for the 2011 year for all Roadster 2.5 sales.