Plug in electric car-ir code section 30d

[Dale Watkins]

I have not been able to get an expiration date for the above credit. Pls let me know when it is. Thank you. Dale watkins

[Bees Knees]

See page 32 of TTB update on the new law.

http://www.thetaxbook.com/view_update.asp?1=404

[John of PA]

The question is, did the Fiscal Cliff legislation last month extend this credit for plug-in electrics such as the new model Tesla or the Chevy Volt. Everything I have read is too vague and really does not answer this question. If I find anything I let you know.

[mactoolsix]

From Spidell:
The Act extends through 2013, and in some cases modifies, a number of energy credits and provisions that expired at the end of 2011:

Credit for two- or three-wheeled plug-in electric vehicles (Act §403; IRC §30D);

There is nothing about extending the 4-wheel version.

Mike

[Redneck]

Form 8936

This form will not be available until March so we will see then. as of right now there is a place for four wheel vehicles.

[Dale Watkins]

The question is, did the Fiscal Cliff legislation last month extend this credit for plug-in electrics such as the new model Tesla or the Chevy Volt. Everything I have read is too vague and really does not answer this question. If I find anything I let you know.

Thank you, John.

Dale Watkins

[Bees Knees]

See page 32 of TTB update on the new law.

http://www.thetaxbook.com/view_update.asp?1=404

The linked article says:

• Has 2 or 3 wheels (cannot be 1, 4, or 18 wheels, etc.),

Seems rather clear to me that 4 wheeled electric cars no longer qualify.