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EV Tax Credit
I would just like to confirm I will be eligible for the EV tax credit:
I plan on buying a qualifying Tesla this year. My understanding is that the income cap is based on the lower of my AGI in the year I received the car or the year prior. So, if I take delivery this year and AGI was less than $150k in 2022 but more than $150k in 2023, I will be eligible based on my 2022 AGI?
Also, I assume I will be able to claim this credit based on my 2022 income when I do my 2023 taxes on Turbo Tax (i.e, Turbo Tax will direct me to the appropriate form, etc.).
‎June 28, 2023
11:20 AM