ST Alpha - "IIRC, it was a tax credit -- nm" (Reading a Post)

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In response to "Hey, you know those credits for electric cars? How do those manifest? That is... is it just a bottom line discount on the total price?" by Mop

IIRC, it was a tax credit -- nm

Posted by JaxSean (aka JaxSean) Apr 12 '21, 10:21

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Responses:

So when I get my tax refund the following year, it's a check of several thousand dollars more than usual? -- nm - Mop Apr 12, 10:22 5
- I don't think so. I'm pretty sure it's a deduction that you can claim, therefore, your end refund could be more, I guess. - JaxSean Apr 12, 10:28 2
  - To get the full current credit, you must owe that much in taxes. - TWuG Apr 12, 10:38 1
    - When I got my Camry hybrid, they were already down lower (since Prius' had taken them for a few years). -- nm - JaxSean Apr 12, 10:42
- Yes but you have to buy it. if you lease, you'll get it in the price of the lease (monthly) -- nm - spamlet Apr 12, 10:25 1
  - Oh, that works too. Thanks! -- nm - Mop Apr 12, 10:28

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