Re:Tesla Cybertruck Pricing and Specs
by JumpCrisscross on Thursday November 30, 2023 @06:49PM
(#38480943)
> possible that the purchaser income limit wouldn't apply when it's the dealer taking the credit
The credit changes when you get the cash, not its eligibility [1]. If the dealer mistakenly gives you the credit, it will be added back--with interest and penalties--when you file. (The dealer reports it, so if someone forgets to include it in their filing it will accrue penalties and interest until the IRS gets around to collecting.)
The credit changes when you get the cash, not its eligibility [1]. If the dealer mistakenly gives you the credit, it will be added back--with interest and penalties--when you file. (The dealer reports it, so if someone forgets to include it in their filing it will accrue penalties and interest until the IRS gets around to collecting.)
[1] https://www.irs.gov/credits-deductions/credits-for-new-clean...