Brammo Owners Forum

The Brammo Buying Experience => Taxes, Incentives, Advantages => Topic started by: Richard230 on February 10, 2018, 08:58:23 PM

Title: Federal electric motorcycle credit returns
Post by: Richard230 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/
Title: Re: Federal electric motorcycle credit returns
Post by: HadesOmega on February 13, 2018, 04:59:34 AM
Nice I was just doing my taxes and was wondering about this =)
Title: Re: Federal electric motorcycle credit returns
Post by: HadesOmega 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 =)
Title: Re: Federal electric motorcycle credit returns
Post by: Richard230 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/
Title: Re: Federal electric motorcycle credit returns
Post by: Richard230 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