The State of Minnesota has clarifed the 1099-Misc EV Tax Rebate is indeed taxable. The earlier posts and assertions that the rebate is NOT taxable is erroneous. While IRS Publication 525 (page 33) talks about rebates, it is not applicable to State issued EV rebates. The is the direct replay I received from the Minnesota Department of Revenue:
"You are correct, there is no subtraction for the EV Rebate, and the rebate amount is taxable by the State of Minnesota. If you have questions about the IRS Publication, we advise that you contact the IRS directly. However, we will point out, that the aforementioned publication specifies, "a cash rebate you receive from a dealer or manufacturer." This rebate was not issued by a dealer or manufacturer, but from the State of Minnesota.
