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Brammo Owners Forum
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Federal electric motorcycle credit returns
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Topic: Federal electric motorcycle credit returns (Read 4333 times)
Richard230
Brammovangelist
Posts: 2519
Federal electric motorcycle credit returns
«
on:
February 10, 2018, 08:58:23 PM »
This was certainly news to me:
https://electrek.co/2018/02/09/ev-charging-credit-extended-2018/
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current bikes: 2018 16.6 kWh Zero S, 2011 Royal Enfield Bullet 500 Classic, 2009 BMW F650GS, 2007 BMW R1200R, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 and a 1978 Honda Kick 'N Go Senior.
HadesOmega
Brammovangelist
Posts: 895
#139
Re: Federal electric motorcycle credit returns
«
Reply #1 on:
February 13, 2018, 04:59:34 AM »
Nice I was just doing my taxes and was wondering about this =)
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2016 Victory Empulse TT - #139
HadesOmega
Brammovangelist
Posts: 895
#139
Re: Federal electric motorcycle credit returns
«
Reply #2 on:
March 22, 2018, 06:38:06 AM »
Just FYI I was able to get the electric tax credit when I did my taxes. It took a little bit for Turbo Tax to update because the new law passed very recently. I go about $400 credit =)
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2016 Victory Empulse TT - #139
Richard230
Brammovangelist
Posts: 2519
Re: Federal electric motorcycle credit returns
«
Reply #3 on:
December 19, 2019, 10:52:34 AM »
The U.S. Congress has (or will later this week) passed a law making the purchase of electric motorcycles and certain home charging equipment subject to a 10% tax credit of their cost during the years 2018 to 2020. This can be a decent amount of money. When I purchased my 2018 Zero in 2017, I received a check from the U.S. Treasury in the amount of $1,830.
So far, I have received a 10% tax credit (or rebate, if you prefer) for each of the five electric motorcycles that I have purchased during the past 10 years. (In addition to the $900 cash rebate from the state of California. Unfortunately, that rebate has recently been revised so that it only applies to one electric motorcycle purchase during a person's lifetime.)
Here is a link to the article announcing this change in the current tax law authorizing the credit:
https://electrek.co/2019/12/18/us-extends-tax-credits-for-ev-chargers-motorcycles-fuel-cells-again-retroactively/
«
Last Edit: December 19, 2019, 10:54:56 AM by Richard230
»
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current bikes: 2018 16.6 kWh Zero S, 2011 Royal Enfield Bullet 500 Classic, 2009 BMW F650GS, 2007 BMW R1200R, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 and a 1978 Honda Kick 'N Go Senior.
Richard230
Brammovangelist
Posts: 2519
Re: Federal electric motorcycle credit returns
«
Reply #4 on:
December 21, 2019, 01:19:38 PM »
I just received this email message from Zero:
Happy Holidays!
We at Zero Motorcycles have long been at the forefront of advocacy for tax incentives for electric motorcycles. Now, with the help from some of Santa
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current bikes: 2018 16.6 kWh Zero S, 2011 Royal Enfield Bullet 500 Classic, 2009 BMW F650GS, 2007 BMW R1200R, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 and a 1978 Honda Kick 'N Go Senior.
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Brammo Owners Forum
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The Brammo Buying Experience
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Taxes, Incentives, Advantages
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Federal electric motorcycle credit returns