Joined Feb 2006
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For Recent Tesla buyers in California CVPR rebate - $2500
February 7, 2023 at
03:55 PM
in
Autos
(2)
Deal Details
Last Edited by actorps1 February 7, 2023 at 06:20 PM
Rebate has now updated today to include anyone bought on or after January 12th (when Tesla drops the price)
https://cleanvehiclereb
https://cleanvehiclereb
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Looks like these ones I am eligible (YMMV)
Rebates
Fed $7500
State (CA) CVRP $2500
Local District- San Joaquin/ ValleyAir $3000
=$13k
+CA HoV Decal 2023-2026
Tell that to the billionaires who finds every loophole in tax laws to minimize taxes and get subsidies. Why blame middle class.
Eligible applicants must meet requirements that include, but are not limited to, the following.
Be an individual, business,* nonprofit or government entity that is based in California or has a California-based affiliate at the time the rebated vehicle is purchased or leased.
Meet income eligibility requirements at the time application is received.
What is income limit for businesses?
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CA: Median household income (in 2021 dollars), 2017-2021: $84,097.
The average new car sold in November cost $48,681 – a record high. The price was $422 higher than in October.
Just open r/askcarsales and you'll see crowds buying 50k cars with income <100k. Like almost every Florida man
How many rebates can I receive?
Single applicants are eligible to receive one CVRP rebate either via direct purchase or lease. Previous applicants who received one of two eligible CVRP rebates available prior to December 3, 2019, are still eligible for one additional rebate.
Rental fleets and car share fleets can receive 20 rebates per calendar year. Public fleets can receive 30 rebates per calendar year.
Applicants submitting on behalf of a trust will have that vehicle counted toward their rebate limit.
What are the income requirements?
Consumers are not eligible for CVRP rebates if their gross annual incomes are above the thresholds listed below. The income cap applies to all eligible vehicle types except fuel-cell electric vehicles.
$135,000 for single filers
$175,000 for head-of-household filers
$200,000 for joint filers
Updated IRS tax forms were released for use starting with the 2021 tax year. As a result, for applications submitted using the 2021 tax year, the Administrator will review the following sections of an applicant's federal tax return as reflected on their IRS tax transcript to help determine gross annual income:
On 2021 IRS Form 1040: Sum of lines 1–7. Line 9 is not used to calculate total gross income for the Clean Vehicle Rebate Project.
and (if applicable),
On 2021 IRS Form 1040 Schedule 1: Sum of lines 1-8.
Note: If Line 8, "Other Income," is negative, then it will not be included as part of CVRP's income calculation, unless an exception applies. If Line 8 on Schedule 1 is negative, then the corresponding "Statement" filed with your 1040 must be provided. CSE will review documentation for possible exceptions. One such exception is the inclusion of a negative community property adjustment. Net operating losses carried over from previous years are not an exception.
In some situations, more documentation will be requested at the discretion of the Administrator. Please visit our income eligibility page for more information.
Looks like these ones I am eligible (YMMV)
Rebates
Fed $7500
State (CA) CVRP $2500
County ValleyAir $3000
=$13k
+CA HoV Decal 2023-2026
What is the $3000 rebate from?
"For applicants selected for income verification whose most recent tax year transcripts are not available, additional documentation will be required to verify income."
"Line 7. The IRS can provide a transcript that includes
data from these information returns: Form W-2, Form
1099 series, Form 1098 series, or Form 5498 series
transcript. Enter up to three information return types. If no
specific type is requested, all forms will be provided. State
or local information is not included with the Form W-2
information. The IRS may be able to provide this
transcript information for up to 10 years. Information for
the current year is generally not available until the year
after it is filed with the IRS. For example, Form W-2
information for 2016, filed in 2017, will likely not be
available from the IRS until 2018. If you need Form W-2
information for retirement purposes, you should contact
the Social Security Administration at 1-800-772-1213."
Shit, 2022 income is the one i wanted to use, so i guess that w-2 was filed this year
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