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That IRS clarification is going to screw a bunch of people who thought they were golden getting a binding contract of $100 additional dollars non refundable in addition to the $500 refundable they already had. I hadn't heard of anyone going with the at least $2500 non refundable it would take to hit 5%
As far as 2023 there are no known cars that will qualify for the whole $7500 credit but some may get 1/2 the credit for now.
The battery content rules do kick in in Jan 2023. They default to the outline unless the secretary gives a different input by Jan 2023. That has been widely mis-reported like 2023 is going to be some kind of free-for-all. There is also no free-for-all adding back Tesla or GM in 2022 without the income caps of 2023. Their credits don't resume until 2023 with income caps and battery sourcing in place.
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