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Forum: General Efficiency Discussion

05-30-2013, 09:46 AM

Replies: 6

Advice and comment requested

Views: 1,034

Posted By Ryland

The NEV tax credit is not $7,500 either, it's 10%...

The NEV tax credit is not $7,500 either, it's 10% of the cost or $2,500 and it's a non refundable tax credit, so you have to OWE $2,500 in federal taxes that you would then not end up paying.
From...

Forum: General Efficiency Discussion

05-30-2013, 09:29 AM

Replies: 6

Advice and comment requested

Views: 1,034

Posted By Daox

I doubt you'll be able to get the credit. The...

I doubt you'll be able to get the credit. The tax credit was created to help create jobs for OEMs, not for DIY guys tinkering in their garage.

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