Submitted by tuner1212 on Tue, 2018-01-09 15:28
Happy New Year!
For the $7500 Federal Tax Credit, I understand that the government rule is that once Tesla manufactures more than 200,000 units, the $7500 Federal Tax Credit would not be available (or reduced). It looks like Tesla is getting closed to the 200,000 units.
I just got 2 of the Model X delivered last month (Dec 2017), but I am anticipating that I am filing extension for my year 2017 tax return. Therefore, my year 2017 tax return won't be filed until Oct / Nov of year 2018.
Therefore, I just want to confirm whether the $7500 Federal Tax Credit is based on VIN number (which means the VIN indicates that the car was manufactured within the 200,000 units) or is it based on the timing of my tax filing?
Thanks a lot for any advice.