@shaunshaun - I am a little confused -
1) the lower of your current year or prior year income is the requirement for the EV Credit. So if that is 2022, then you don't have to worry about your 2023 income. this is my understanding: let's say your 2022 income is $140,000 but your 2023 income is $500,000. You still qualify in 2023 for the EV Credit based on the income criteria.
2) you are correct that the EV credit can not be rolled over, but all the energy credits can be rolled over to a future year. The EV credits are posted first when you complete your 2023 tax return. So as long as Line 22 of Form 1040 is at least $7500 PRIOR TO the credits being applied, you are able to consume the entire EV Credit.
Yes, you would need to ensure that your 2023 income is high enough that your 2023 tax liability is at least $7500, but you don't have to worry that you blow past the income limit for EV eligibility (as your 2022 income already satisfies that requirement is the way I read your comments). Am I missing something?
