Dark-Fx
Well-Known Member
- Thread starter
- #1
It was pointed out to me that the IRS changed their 2022 page about the transition rule. It appears as though they expect anyone claiming the tax credit under the transition rule to claim the credit against their 2022 taxes.
https://www.irs.gov/credits-deductions/credits-for-new-electric-vehicles-purchased-in-2022-or-before
If your vehicle was delivered in 2022, you should just use the date that your vehicle was delivered and ignore the BPA. None of the AGI or battery content stuff matters for 2022.
If you are working on your 2022 taxes but have not taken delivery yet, do not include the form/credit even if you have a VIN. The people preparing your vehicle could discover an issue that makes it unsaleable and Rivian will end up selling you a different vehicle.
https://www.irs.gov/credits-deductions/credits-for-new-electric-vehicles-purchased-in-2022-or-before
To cover a couple of questions here so people don't have to read through the whole thread:Purchase date vs. delivery date
If you entered a written binding contract to buy a vehicle after December 31, 2021, and before August 16, 2022, but took delivery on or after August 16, 2022, you may elect to claim the credit based on the prior rules. To elect the credit under the prior rules you must elect the credit on your 2022 tax return after you take delivery of the vehicle. Depending on the date the vehicle is delivered, you can claim the credit on your original, superseding, or amended 2022 tax return.
If your vehicle was delivered in 2022, you should just use the date that your vehicle was delivered and ignore the BPA. None of the AGI or battery content stuff matters for 2022.
If you are working on your 2022 taxes but have not taken delivery yet, do not include the form/credit even if you have a VIN. The people preparing your vehicle could discover an issue that makes it unsaleable and Rivian will end up selling you a different vehicle.
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