Quote:
Originally Posted by JSH
If you have a written binding contract to buy your ID.4 you are good
Page 145 of the text:
(l) TRANSITION RULE.—Solely for purposes of the application
of section 30D of the Internal Revenue Code of 1986, in the case
of a taxpayer that—
(1) after December 31, 2021, and before the date of enactment of this Act,
purchased, or entered into a written binding
contract to purchase, a new qualified plug-in electric drive
motor vehicle (as defined in section 30D(d)(1) of the Internal
Revenue Code of 1986, as in effect on the day before the
date of enactment of this Act), and
(2) placed such vehicle in service on or after the date
of enactment of this Act,
such taxpayer may elect (at such time, and in such form and
manner, as the Secretary of the Treasury, or the Secretary’s delegate,
may prescribe) to treat such vehicle as having been placed
in service on the day before the date of enactment of this Act.
https://www.congress.gov/117/bills/h...7hr5376enr.pdf |
But I can't get a binding contract. They don't even have a VIN number assigned. The contract would be between me and the dealership anyway, not VW. The dealership says they can't by law put me in a contract until they possess the car and the car hasn't even started production yet.
I guess some dealerships in some states are writing up something they hope will stand up to an IRS audit but they all contain the language "we have no idea if this works for tax purposes" or something to that effect. I guess by that logic I can just not even buy a car, claim the credit, and take my chances, if it's all such a mystery.