Ever?
They just announced it THIS WEEK.
Figure you will get a letter in the next 60 to 90 days.
Purchased after Jan 1st
Has anyone who purchased Mach-e after January 1st heard from Ford?
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They just announced it THIS WEEK.
Figure you will get a letter in the next 60 to 90 days.
See this thread IRS recategorizes Mach-E as SUV, with $80,000 limit
You will still get money from Ford.
i talked to Ford and was told the refunds or credits were coming from the finance department at the dealership. Where are you purchased the car. But I have not talked to the dealership yet. I purchased mine Jan 2ndHas anyone who purchased Mach-e after January 1st heard from Ford?
How can a Ford dealer give an IRS credit when the credit is usually determined when you do your taxes?i talked to Ford and was told the refunds or credits were coming from the finance department at the dealership. Where are you purchased the car. But I have not talked to the dealership yet. I purchased mine Jan 2nd
As I understand the IRS credit is determined at tax time. I thought it depended on your income, some get the credit, some get partial credit, and some get no credit.
Refunds are a different story, some states (such as NJ) give a refund and the dealer marks the car down at purchase time and the dealer is paid by the state.
I forgot to add that my state (NJ) also has an added feature (no sales tax). Also occurring at purchase time. So I got a $5,000 refund, no sales tax ($2,222), but the IRS credit was not given until tax time. I happen too qualify, so my MME cost me less than $30,000.How can a Ford dealer give an IRS credit when the credit is usually determined when you do your taxes?
As I understand the IRS credit is determined at tax time. I thought it depended on your income, some get the credit, some get partial credit, and some get no credit.
Refunds are a different story, some states (such as NJ) give a refund and the dealer marks the car down at purchase time and the dealer is paid by the state.
This thread has nothing to do with the EV tax credit - it's about Ford refunding the price difference since they lowered the 2023 prices effective 1/1/23...How can a Ford dealer give an IRS credit when the credit is usually determined when you do your taxes?
As I understand the IRS credit is determined at tax time. I thought it depended on your income, some get the credit, some get partial credit, and some get no credit.
Refunds are a different story, some states (such as NJ) give a refund and the dealer marks the car down at purchase time and the dealer is paid by the state.
This thread has nothing to do with the EV tax credit - it's about Ford refunding the price difference since they lowered the 2023 prices effective 1/1/23...
The post mentioned credits and refunds.This thread has nothing to do with the EV tax credit - it's about Ford refunding the price difference since they lowered the 2023 prices effective 1/1/23...
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