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      03-16-2020, 01:05 PM   #18
35mphgolf
Second Lieutenant
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Drives: ‘18 Macan Turbo
Join Date: Nov 2012
Location: VA

iTrader: (2)

$7,500 credit from the horses mouth:
https://www.irs.gov/businesses/irc-3...vehicle-credit

2020 still gets it.
If you finance/purchase it, you get the credit.
If you lease it, dealer gets it.

Dealer incentives have nothing to do with the tax credit (unless it’s a lease)... just be smart about it. Have them itemize the total incentives and make sure the dealer is NOT claiming the $7,500 credit for themselves.
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