Quote:
Originally Posted by OUGrad05
Heard from the IRS today. I was told this would require a legislative change for the i4 to qualify for the credit moving forward.
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My understanding of this IRS message (received by voicemail) is that "most" of the "wording" of the "written binding contract" definition has to do with legislative intent, and only legislative action can simplify this "wording", not the IRS. The actual tax credit issue with the transition rule and orders placed before August 15 have been escalated to the IRS legal team.
There was nothing in the message related specifically to the i4, this was a generic EV tax credit question response.