Live in TX. Using non-resident Colorado Turbo Tax. We bought an electric car in TX but, since Turbo Tax didn't ask where the car was registered, we claimed the $5000 credit that was offered. Colorado is now questioning this.
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respond to their questionnaire. if you don't they will deny the credit. they will probably do so may do so anyway because the vehicle was not titled in CO
. QUALIFYING VEHICLES, TRAILERS, CONVERSIONS, AND DEVICES
There are both general and specific requirements for a vehicle, trailer, conversion, or modification to qualify for the
credit. Credits may be claimed only with respect to vehicles or trailers that meet the following criteria.
? For purchases or leases, the vehicle must be new and not previously titled or registered in any jurisdiction.
? In the case of conversion, the conversion must be EPA certified.
? The vehicle or trailer must be titled and registered in Colorado or base plated in Colorado if registered via IRP.
? The vehicle must have a maximum speed of at least 55 miles per hour.
? The vehicle, trailer, conversion, or device must qualify under one of the categories listed in the table below.
Colorado titling and registration
The vehicle or trailer purchased, leased, converted, or modified must be titled and registered in Colorado or, in the
case of a truck or trailer registered under the International Registration Plan (IRP), base plated in Colorado. The
purchase, lease, or conversion of a new vehicle or trailer qualifies for the credit only if the vehicle or trailer is titled
and registered in Colorado in the time and manner prescribed by law. The purchase or lease of a vehicle previously
registered in Colorado or any other state or jurisdiction does not qualify for the credit. For conversions of or the
installation of aerodynamic or idling reduction technologies on used vehicles, the vehicle must be titled and
registered in Colorado at the time of conversion or installation.
I can't say whether or not TT asked the right questions so as to deny the CO credit, if you think TT did not you'll have to file a claim to recover any penalties and interest. TT does not cover the additional tax.
respond to their questionnaire. if you don't they will deny the credit. they will probably do so may do so anyway because the vehicle was not titled in CO
. QUALIFYING VEHICLES, TRAILERS, CONVERSIONS, AND DEVICES
There are both general and specific requirements for a vehicle, trailer, conversion, or modification to qualify for the
credit. Credits may be claimed only with respect to vehicles or trailers that meet the following criteria.
? For purchases or leases, the vehicle must be new and not previously titled or registered in any jurisdiction.
? In the case of conversion, the conversion must be EPA certified.
? The vehicle or trailer must be titled and registered in Colorado or base plated in Colorado if registered via IRP.
? The vehicle must have a maximum speed of at least 55 miles per hour.
? The vehicle, trailer, conversion, or device must qualify under one of the categories listed in the table below.
Colorado titling and registration
The vehicle or trailer purchased, leased, converted, or modified must be titled and registered in Colorado or, in the
case of a truck or trailer registered under the International Registration Plan (IRP), base plated in Colorado. The
purchase, lease, or conversion of a new vehicle or trailer qualifies for the credit only if the vehicle or trailer is titled
and registered in Colorado in the time and manner prescribed by law. The purchase or lease of a vehicle previously
registered in Colorado or any other state or jurisdiction does not qualify for the credit. For conversions of or the
installation of aerodynamic or idling reduction technologies on used vehicles, the vehicle must be titled and
registered in Colorado at the time of conversion or installation.
I can't say whether or not TT asked the right questions so as to deny the CO credit, if you think TT did not you'll have to file a claim to recover any penalties and interest. TT does not cover the additional tax.
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