Robert,
Thanks very much for the well-considered and detailed reply to my question! I think it is spot on.
Yes, unfortunately Oregon calculates their cut on IRS 1040 Line 15, right before the Form 8936 Clean Vehicle Tax Credit. This basically nullifies any savings received from Uncle Sam.
Also, the state EV rebates here are a bit of a joke. They open very narrow windows of opportunity, cap the purchase price so low as to exclude many options, then quickly close the program when they run out of cash. It's sort of like playing musical chairs. Many residents rightfully complain that you really have to buy a new car when your old one decides it is time, not some bureaucrat in Salem.
So many other states do a much better job than Oregon of genuinely supporting the move to EV's. Colorado is a good example.
Please keep giving fair and honest advice on TurboTax!
Jim
P.S. Lived in Texas 32 years. Wonderful experience. Hope you get to see the eclipse!
