The Internal Revenue Service (IRS) invites consumers to comment on EV tax credit qualifications. Tesla and EV supporters have been vocal about the Inflation Reduction Act’s eligible cars for the EV stimulus. Some variants of the Tesla Model Y and Ford Mustang Mach-E will not receive any incentives from the IRA at all, but some fossil-fuel vehicles will. These vehicles are classified as electric vehicles because they are plug-in hybrid EVs.
Mixed up!
— Elon Musk (@elonmusk) January 3, 2023
The IRS provides specific instructions on how to file the comments. Comments can be submitted by post or email. For those submitting by email, you must specify OMB control number 1545-2137 in the subject line and send it to [email protected].
If you choose to submit comments by email, comments should be directed to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224.
Teslarati reached out to Garcia and the IRS for comment. We will update you if/when we receive one.
In December, the IRS announced the vehicles that qualified for the 2023 EV tax credit. Some of these vehicles include plug-in hybrid EVs that use gas and batteries. Although there were several Tesla Model Ys on the list, the only ones that qualified as SUVs with an $80,000 MSRP limit were the seven-seat variants.
The Model Y four-wheel drive, endurance and performance five-seater variants do not qualify for the tax refund because their MSRP exceeds the IRS $55,000 threshold. The chart below shows which Tesla vehicles are eligible for the EV tax credit.
Credit: IRS
Farzad Mesbahi, who pointed out this fact and received a response from Elon Musk, started a petition titled Fix the Inflation Reduction Act EV Tax Credit. At the time of this writing, the petition has 19,525 signatures. The petition pointed out that the IRS does not classify the Tesla Model Y as an SUV, although the Environmental Protection Agency does
“This means that the Tesla Model Y, a pure electric vehicle with a 330-mile range, 117 MPGe (very efficient) and an SUV form factor, is not eligible for the $7,500 tax credit.”
Disclosure: Johnna is a $TSLA shareholder and believes in Tesla’s mission.
Your feedback is welcome. If you have any comments, concerns, or see a typo, you can email me at [email protected]. You can also reach me on Twitter at @JohnnaCrider1.
Teslarati is now on TikTok. Follow us for interactive news and more. Teslarati is now on TikTok. Follow us for interactive news and more. You can also follow Teslarati on LinkedIn, TwitterInstagram and Facebook.
The IRS invites consumers to comment on electric vehicle tax credit qualifications
