ST Alpha - "Ah, as I suspected all along: I needed to owe taxes to the gov't in order to cash in on the EV refund." (Reading a Post)

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In response to "so no credit then. its not refundable, meaning you get it no matter what, so no credit to you -- nm*" by tRuMaN

Ah, as I suspected all along: I needed to owe taxes to the gov't in order to cash in on the EV refund.

Posted by Mop (aka rburriel) Feb 18 '22, 18:47

And the only way I was ever going to get the full $7500 was if I owed $7500-or-more. Would that be a correct reading?

Responses:

Yes but not how you're thinking. - spamlet Feb 18, 18:51 2
- Alas, I'm disappointed but not surprised. I wasn't banking on it working out. -- nm - Mop Feb 18, 18:55 1
  - I'm more shattered to realize that the money Biden was sending me for my kid was just an advance on the tax credit. -- nm - Mop Feb 18, 18:57
yes. you could have changed withholdings etc to get it i guess -- nm - tRuMaN Feb 18, 18:49

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