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Old 07-27-2019, 09:49 AM   #53 (permalink)
Hersbird
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If they just made the $7500 ev credit the same as the child credit it would work for all income brackets. They actually count the child credits first making the ev credit even worse for the lower income. Even with 0 income if it were structured the same as the child credit it would give you a $7500 check when you filed. As it stands it ends up being something for people making over 100k a year assuming they are taking no other efforts to reduce their liability which is unlikely. More likely it takes somebody making 200k/yr to get the full credit.
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