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To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
$300,000 for married couples filing jointly
$225,000 for heads of households
$150,000 for all other filers
Federal EV Tax Credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
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Here's how cheap you can get a new Model 3 RWD right now (including fed & local EV incentives):
• VT: $26,320
• MA: $26,830
• PA: $27,330
• MD: $27,330 - Delivered after July 1, 2023 https://marylandev.org/maryland-ev-tax-credit
• RI: $27,820
• DE: $27,820
• NY: $28,320
• CA: $28,330
• CO: $28,330
• CT: $29,030
• ME: $29,320
on top of above info federal, state and local incentive info that i posted , some employers are also providing ev incentive like exaple bank of america employees gets $5k incentive , in this case the best case scenario is like below
example scenario
• VT: $26,320 - $5000 bank of america employee ev incentive = $21,320
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CA CLEAN VEHICLE REBATE PROGRAM
$2K is available if your household makes <$200k.
There is an increased rebate of $7500 ($5500 on top of the $2k) available if you fall below income caps based on your household size.
Family of 4 max is $111k, Family of 6 is $149k.
This comes in the form of a check in 2-3 months. https://cleanvehiclereb
This is separate from the CARB Clean Vehicle Grants described below the dashes. It is possible to qualify for both, but the timing is different.
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And California residents that live in a disadvantage community (DAC) https://cleanvehiclegra
Disadvantaged communities are determined using CalEnviroScreen (https://oehha.ca.gov/calenviroscr...
here's the DAC map: https://oehha.ca.gov/calenviroscreen/sb535
And receive an Approval Letter through email.
You must receive an Approval Letter BEFORE you purchase a vehicle. We do not offer rebates and you cannot redeem a grant if you have purchased a vehicle before being approved.
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https://www.tesla.com/model3/design
Deal is even sweeter if you live in a state with additional credits:
VT: $26,320
MA: $26,830
PA: $27,330
RI: $27,820
DE: $27,820
NY: $28,320
CA: $28,330
CO: $28,330
CT: $29,030
ME: $29,320
Full tax credit details below, but the following income limits apply:
$300,000 for married couples filing jointly
$225,000 for heads of households
$150,000 for all other filers
https://www.irs.gov/credits-deduc...3-or-after
Withholding is totally irrelevant to qualifying for the credit.
If you're unclear on this go read a 1040.
The part where you compute tax liability is lines 16 through 24.
THAT is where the $7500 EV credit comes off.
Your withholdings aren't even looked at until after that on line 25+
This is also not correct.
The Child Tax Credit is worth a maximum of $2,000 per qualifying child. Up to $1,600 is refundable for the 2023 tax year.
Refundable credits are computed AFTER non-refundable ones-- so the CTC is only "worth" $400 off your tax burden for these purposes- the $1600 left is refundable.
Thus if you had say $7900 in tax burden and one CTC and one EV credit, your tax burden would go to $0 and you'd get a full refund of the $1600 refundable part of the CTC
Source:
https://www.nerdwallet.
1,792 Comments
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On my Model Y the hatch leaked after the first rain. I adjusted the hatch stops to their extremes, which stopped the leak. But now the hatch alignment looks horrible. I brought it to the service center and they gave it back and said it wasn't leaking (duh) and the panel alignment is within range. I wouldn't have accepted delivery with the way it looks.
On my Model Y the hatch leaked after the first rain. I adjusted the hatch stops to their extremes, which stopped the leak. But now the hatch alignment looks horrible. I brought it to the service center and they gave it back and said it wasn't leaking (duh) and the panel alignment is within range. I wouldn't have accepted delivery with the way it looks.
I mean, they literally do... you're not very good at trolling my dude
https://priuschat.com/threads/wat...ch.225732/
Prius leaky hatch
https://www.yarisworld.
Yaris leaky hatch
https://www.rav4world.c
Rav4 leaky hatch
https://www.tundrasolut
Sequoia leaky hatch
https://www.toyota-4runner.org/5t...aking.html
4runner leaky hatch
https://www.reddit.com/r/ToyotaHi...pen_
Highlander leaky hatch
https://celicahobby.com/forums/ub...aking.html
Celica leaky hatch
https://au.toyotaowners
Corolla leaky hatch
https://www.supraforums
Supra leaky hatch
https://www.reddit.com/r/Camry/co..._22_camry/
Camry leaky hatch
https://www.siennachat.
Sienna leaky hatch
https://www.toyotanatio
Avalon leaky hatch
You'll have no issue finding similar on panel alignment issues on Toyotas either-including stories of dealers saying it's in spec and refusing to adjust
https://www.tacomaworld
Tacoma panel alignment problems
https://www.toyotanatio
Corolla panel alignment problems
https://au.toyotaowners
Aurion (Camry) panel alignment problems
https://www.siennachat.
Sienna panel alignment problems
https://www.ft86club.co
FT86 panel alignment problems
https://www.tundrasolut
Tundra panel alignment problems
https://www.rav4world.c
Rav4 panel alignment problems
Nobody- Not Toyota, not Honda, not Tesla, not anybody makes millions of cars a year that all come out exactly perfect every time.
Looks like the model Y rear windows are breaking on their own LOL
Reports of the rear windows shattering in the Tesla Model Y RWD (Rear-Wheel Drive), a midsize SUV model of the American electric car brand Tesla, are causing controversy.
https://www.msn.com/en-us/money/c...ecca&ei=16
Reports of the rear windows shattering in the Tesla Model Y RWD (Rear-Wheel Drive), a midsize SUV model of the American electric car brand Tesla, are causing controversy.
https://www.msn.com/en-us/money/c...ecca&ei=16
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