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Old 03-19-2023, 02:55 PM
  #16  
Dr. G7
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Originally Posted by 718GTS
Is it just me or does other people have problems explaining to their financial advisor / H&R Block / ... that our Taycans are eligible for the $7,500 tax credit?
(obviously as long as it was purchased prior to the August 16th 2022 deadline)
I've been fighting for a week trying to convince them that I'm eligible for the credit, and they think not....
As others have mentioned, prolly time for a new CPA?

I've never had good luck with H&R. I have a reasonably aggressive CPA, with a bachelor's degree in accounting.
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Old 03-19-2023, 02:57 PM
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Originally Posted by Spyerx
sounds like my in house contract attorneys who want to constantly debate vs. close business.
They are running the clock, billing by the hour, right? Wouldn't you do the same? Billable hours are billable hours.
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Old 03-19-2023, 02:58 PM
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Originally Posted by white6speed
I thought the Taycan was too expensive
Hmmm.
You do realize you are on the Taycan subforum?
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Old 03-19-2023, 03:00 PM
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Originally Posted by Carrera-T
This is not rocket science. And I hope you’re not paying by the hour to educate your CPA.
.

I do love this forum
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Old 03-20-2023, 09:09 AM
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UPDATE: finally concluded that (yes shocker...) my Taycan is eligible. I got my $7,500 credit. Hopefully over time it'll get easier with more people getting EV's.
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Old 03-20-2023, 11:29 AM
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Originally Posted by 718GTS
UPDATE: finally concluded that (yes shocker...) my Taycan is eligible. I got my $7,500 credit. Hopefully over time it'll get easier with more people getting EV's.
Congratualtions.

"Hopefully over time it'll get easier with more people getting EV's"

You do know the EV credit for Taycan type is over?

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Old 03-20-2023, 11:43 AM
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Originally Posted by Dr. G7
Congratualtions.

"Hopefully over time it'll get easier with more people getting EV's"

You do know the EV credit for Taycan type is over?
Yes I know, but I meant generally speaking for EV owners. It's gonna take some time for all CPA's / financial institutions to get used to the rules. Hopefully quickly.
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Old 03-20-2023, 11:52 AM
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Originally Posted by 718GTS
Yes I know, but I meant generally speaking for EV owners. It's gonna take some time for all CPA's / financial institutions to get used to the rules. Hopefully quickly.
And then they will change the rules next year.

Our government at work.

With all the flaws, I will take our government over any other. Period.
Last edited by Dr. G7; 03-20-2023 at 11:53 AM.
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Old 03-21-2023, 11:31 AM
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Originally Posted by Dr. G7
Hmmm.
You do realize you are on the Taycan subforum?
I think he meant to qualify. I didn't think the new ones qualified either tbh. Also if you make more than like $350k I didn't think you qualifed?
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Old 03-22-2023, 01:00 PM
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Originally Posted by 718GTS
g for EV owners. It's gonna take some time for all CPA's / financial institutions to get used to the rules. Hopefully quickly.
not if they are any good at their profession
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Old 03-23-2023, 06:11 AM
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Originally Posted by kort677
not if they are any good at their profession
Do I hear an Amen to that!
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Old 04-11-2023, 11:38 AM
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Originally Posted by Dr. G7
Do I hear an Amen to that!
what if you make over $350k but it’s all W2 income - so you don’t have deductions / business write offs? As in high paid government job… nothing is deductible… I think you do not qualify…..

I need to open a side business….
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Old 04-12-2023, 08:38 AM
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I think the Taycan was eligible only until the middle of August ‘22 if you had a written contact with the dealer and Porsche to buy the car.
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Old 04-12-2023, 10:22 AM
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Originally Posted by white6speed
I think the Taycan was eligible only until the middle of August ‘22 if you had a written contact with the dealer and Porsche to buy the car.
correct - Prior to August 16th 2022
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Old 04-13-2023, 12:05 AM
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Originally Posted by 718GTS
correct - Prior to August 16th 2022
With a non-refundable deposit if you didn't pay for your car by August 16th.
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