Thank you, Holly!
Many websites, including Tesla, just say based on AGI and never mention "Modified", so thanks for the clarification.
Question 1: Just to clarify, let's say if we buy 3 EVs (in the same year or in different years), then we can claim all 3 tax credits (assuming we meet the income limitation and have enough tax liability), right?
Question 2: The income limitation for businesses or LLCs is based on the business MAGI and not personal, right?
Question 3: What is the business MAGI limitation for a single-member LLC or S Corp?
Thank you!
