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      08-11-2022, 08:12 PM   #132
OUGrad05
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Drives: 2023 i4 and 2022 Acura MDX
Join Date: Oct 2012
Location: United States

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Quote:
Originally Posted by TurtleBoy View Post
Here is the Transition rule in case it helps:

TRANSITION RULE.—Solely for purposes of the application of section 30D of the Internal Revenue Code of 1986, in the case of a taxpayer that— (1) after December 31, 2021, and before the date of enactment of this Act, purchased, or entered into a written binding contract to purchase, a new qualified plug-in electric drive motor vehicle (as defined in section 30D(d)(1) of the Internal Revenue Code of 1986, as in effect on the day before the date of enactment of this Act), and (2) placed such vehicle in service on or after the date of enactment of this Act, such taxpayer may elect (at such time, and in such form and manner, as the Secretary of the Treasury, or the Secretary’s delegate, may prescribe) to treat such vehicle as having been placed in service on the day before the date of enactment of this Act.
Oh the timing...I'm supposed to be up for a build right after Labor Day.
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