Uploaded October 2023 | Updated September 2026, 1 day ago

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Max goes over the 2024 IRS guidance on transferring the EV tax credit to a dealer, in effect discounting the car. There's situations where you might be liable to recapture/paying the money back, so he walks you through how to avoid that and what we know and don't so far.

Bearded Tesla's Video: youtu.be/QqbjLD3fqLQ
The Statement: home.treasury.gov/news/press-releases/jy1783
Public Comment On The Guidance: regulations.gov/document/IRS-2023-0048-0001
Form 8936: irs.gov/forms-pubs/about-form-8936

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#irs #taxcredit #electriccar

0:00 Intro
1:33 Background On Existing Tax Credit
3:01 The Transfer Mechanic
4:00 Recapture Risks
7:26 Required Form and Dealer Involvement
9:24 Public Comment Open
10:16 Foreign Entities Of Concern
11:16 State Rebates Exist
12:43 Wrap-Up