rivian tax credit reddit
Following the US. Senates passing of the 430 billion Inflation Reduction Act one automaker is warning its customers about how they may be affected by new tax credit rules.
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Yes you get the credit.
. Under revised proposal its back to 10k. Probable but the binding contract isnt guaranteed to count. The bill has been revised again to be 7500 for ANY EV an additional 2500 for those made in the US and an additional 2500 for union manufacturers.
First the vehicle had to be acquired after December 31 2009. Aug 10 2022. Rivian should have an easier time of it than Fisker given that its vehicles are assembled in the US and therefore will not be.
Consumers considering the purchase of a 2022 Rivian R1S or. If the vehicle qualifies you can receive. Federal tax credit for evs jumps from 7500 to up to 12500.
Luxury electric vehicle startups Rivian Automotive and Lucid Motors rushed to help reservation holders qualify for the current 7500 federal tax credit before the. Rivian RIVN commented on the new EV federal tax that is expected to be adopted and the American. Weve received quite a few inquiries from the Rivian community asking how the Inflation Reduction Act IRA may impact your eligibility to obtain the 7500.
2nd 2022 910 am PT. Delivery next year with no binding. How much you can claim on your income tax depends on several factors.
Federal tax credit for evs jumps from 7500 to up to 12500. Delivery next year and have a binding contract. The federal government is offering a tax credit of up to 7500 for new all-electric and plug-in hybrid vehicles.
Rivian Tax Credit Reddit.
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