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Tooney

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BTW the instructions form 8936 say:

"The IRS will not attempt to collect any understatement of tax liability attributable to reliance on the certification as long as you acquired the vehicle on or before the date the IRS published the withdrawal announcement."

which makes it sound like even if congress back dates the infrastructure bill we will still be able to get our rebate next year.
A comment about the prior post. The provision quoted above is the IRS regulation/instruction for the current EV tax credit, which is authorized by Internal Revenue Code Section 30D "New qualified plug-in electric drive motor vehicles". In that section, the credit phases out when manufacturers sell a certain quantity of EVs. When that quantity limit occurs, the IRS announces that the credit for that brand/model no longer qualifies for the credit.

The EV tax credit of the Build Back Better legislation - which has not been enacted - detailed a new EV tax credit and new IRC section, with new requirements, and terminated Section 30D. If future legislation results in current Section 30D being effectively terminated, asserting that you are entitled to the terminated tax credit because the IRS did not issue a prior withdrawal announcement for that terminated credit is unlikely to be successful.
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tibiafx1

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Dan1923

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A comment about the prior post. The provision quoted above is the IRS regulation/instruction for the current EV tax credit, which is authorized by Internal Revenue Code Section 30D "New qualified plug-in electric drive motor vehicles". In that section, the credit phases out when manufacturers sell a certain quantity of EVs. When that quantity limit occurs, the IRS announces that the credit for that brand/model no longer qualifies for the credit.

The EV tax credit of the Build Back Better legislation - which has not been enacted - detailed a new EV tax credit and new IRC section, with new requirements, and terminated Section 30D. If future legislation results in current Section 30D being effectively terminated, asserting that you are entitled to the terminated tax credit because the IRS did not issue a prior withdrawal announcement for that terminated credit is unlikely to be successful.

Yes, it's possible if congress back dates the implementation of whatever it is they pass whenever they get around to passing it we may lose the tax credit.

But I don't think we will. But if they do take away the tax credit I don't really care. Even if I knew for sure I would not get a tax credit I still would have bought the car that I did.
 

Bajas21

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Morning all! Just curious if anyone that went though Jacksonville was able to close before the end of the year. Mine is heading to Charlotte and still in ‘port processing’. After all the watching and highs and lows with you all, hoping someone was able to close. Cheers to the new year!
 


Dan1923

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Morning all! Just curious if anyone that went though Jacksonville was able to close before the end of the year. Mine is heading to Charlotte and still in ‘port processing’. After all the watching and highs and lows with you all, hoping someone was able to close. Cheers to the new year!
My car is in TYD "En route to dealer" since yesterday morning.

I was't pushing my dealer for a Dec sale but I did ask about it. But they couldn't do it.
 
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Prit

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.
[/QUOTE]
Morning all! Just curious if anyone that went though Jacksonville was able to close before the end of the year. Mine is heading to Charlotte and still in ‘port processing’. After all the watching and highs and lows with you all, hoping someone was able to close. Cheers to the new year!
My car is still at Port Processing (although it’s showing complete). We all will likely get our cars next week.
 

tibiafx1

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Morning all! Just curious if anyone that went though Jacksonville was able to close before the end of the year. Mine is heading to Charlotte and still in ‘port processing’. After all the watching and highs and lows with you all, hoping someone was able to close. Cheers to the new year!
Nope. Mine says “en route to dealer”.
 


NoRPM22

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Morning all! Just curious if anyone that went though Jacksonville was able to close before the end of the year. Mine is heading to Charlotte and still in ‘port processing’. After all the watching and highs and lows with you all, hoping someone was able to close. Cheers to the new year!
No. My SA called late around 7 yesterday saying porsche hasn't invoiced. So dealer was helpless.
 

Dan1923

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My TYD just flipped the estimated completion of "Arrived at Porsche Dealer" from 1/14 to 1/7. Remember that TYD dates are the date of Friday of the week the event occurs.
 

Dan1923

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My TYD just flipped the estimated completion of "Arrived at Porsche Dealer" from 1/14 to 1/7. Remember that TYD dates are the date of Friday of the week the event occurs.
And to reply to myself :) I think that means they are actually trucking the cars over the weekend.

I hope that's true :like:
 

BCriss20

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I hope my baby is here next week. For those that purchased from Hennessy, Resistall and Apex are optional. The SA removed it on my purchase order. I do have my check in hand, as soon as it arrives I'll go pick it up.
 
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Prit

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I hope my baby is here next week. For those that purchased from Hennessy, Resistall and Apex are optional. The SA removed it on my purchase order. I do have my check in hand, as soon as it arrives I'll go pick it up.
Glad to hear that. I’m going to get mine removed. They pushed back before saying “every car” must have it.
 

BCriss20

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Glad to hear that. I’m going to get mine removed. They pushed back before saying “every car” must have it.
I would recommend you have it removed prior to them installing on the car.
 

tibiafx1

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I hope my baby is here next week. For those that purchased from Hennessy, Resistall and Apex are optional. The SA removed it on my purchase order. I do have my check in hand, as soon as it arrives I'll go pick it up.
How did you convince your SA to remove resistall??
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