JimmyMemes@lemmy.world to Cars - For Car Enthusiasts@lemmy.worldEnglish · 11 months agoFor freeeeeee? Sounds good to meeeee.lemmy.worldimagemessage-square8fedilinkarrow-up162arrow-down125
arrow-up137arrow-down1imageFor freeeeeee? Sounds good to meeeee.lemmy.worldJimmyMemes@lemmy.world to Cars - For Car Enthusiasts@lemmy.worldEnglish · 11 months agomessage-square8fedilink
minus-squarexkforce@lemmy.worldlinkfedilinkEnglisharrow-up17·11 months agoUp to 7500. And it depends on the volume of EVs a manufacturer sells. And its being modified.
minus-squareratman150@sh.itjust.workslinkfedilinkEnglisharrow-up10·11 months agoAlso important to note it’s a tax credit based on how much you’d be taxed in the first place. You may not earn enough to be exempt from 7500 in taxes.
minus-squareskip0110@lemm.eelinkfedilinkEnglisharrow-up2·11 months agoAnd, you could also earn too much to qualify
minus-squaretoo_high_for_this@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down2·11 months agoYeah, if you make more than 150k you shouldn’t get tax credits for luxury/non-essential purchases.
Up to 7500. And it depends on the volume of EVs a manufacturer sells. And its being modified.
Also important to note it’s a tax credit based on how much you’d be taxed in the first place. You may not earn enough to be exempt from 7500 in taxes.
And, you could also earn too much to qualify
Yeah, if you make more than 150k you shouldn’t get tax credits for luxury/non-essential purchases.