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    Paying Back the Fed $7500 Tax Credit if Selling a Leaf?

    The IRC Treas Reg 1.30-1(b)(2)(i) state that you only have to recapture the tax credit if it ceases to be used as an electric vehicle. (2) Recapture event - (i) In general. A recapture event occurs if, within 3 full years from the date a qualified electric vehicle is placed in service, the...
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    Reduction Gear Oil Change - Benefits for Range

    The IRS has proposed regs that suggest you must recapture 100% of the credit if it was sold within the first year. Second year 66 2/3% and third year recapture is 33 1/3%
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