just to clarify 75% is for commercial stations, not for evse installed for private useTULeaf said:Federal tax credit of 30% up to $1,000.
Oklahoma tax credit of 75%.
If the charging station is $1,500 installed.
Federal: $450
Oklahoma: $1,125
I just netted $75. Can this be true?
A per-location credit of 75% of the cost of the qualified clean-burning motor vehicle fuel property is allowed.
• a metered-for-fee, public access recharging system for motor vehicles propelled in whole or in part by electricity.
That is quite likely if you leased, but quite unlikely if you purchased. The problem is that the EVSE tax credit forces an AMT calculation even if you don't normally use AMT, and compares alternate tax without other credits (e.g. $7,500 EV credit) to standard tax with those credits.Lasareath said:I sent the Info to my CPA and he checked it out and said it looks good. That I should be able to claim 30% of my costs.
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