@NCperson wrote:
@smorgan103 - then you are "sunk". Congress believes you earn enough that you don't require support to buy this car from other taxpayers......
As a reminder, the credit was originally only to incentivize manufacturers to start making electric cars, so it phased out over time as more EVs were sold. For example, most Tesla models stopped qualifying for any credit years ago. When Congress brought the credit back for all EVs (even those that outsold their original limit), they also added an income limit, so that ordinary taxpayers aren't helping the wealthiest Americans pay for their cars. A single income over $150,000 puts you in the top 8% of US taxpayers.
