Peri, The Federal Credit is only for new vehicles. QualifiedPlug-In Electric Drive Motor Vehicle Tax CreditA tax credit isavailable for the purchase of a new qualified plug-in electric drive motorvehicle that draws propulsion using a traction battery that has at least fivekilowatt hours (kWh) of capacity, uses an external source of energy to rechargethe battery, has a gross vehicle weight rating of up to 14,000 pounds, andmeets specified emission standards. The minimum credit amount is $2,500, andthe credit may be up to $7,500, based on each vehicle's traction batterycapacity and the gross vehicle weight rating. The credit will begin to bephased out for each manufacturer in the second quarter following the calendarquarter in which a minimum of 200,000 qualified plug-in electric drive vehicleshave been sold by that manufacturer for use in the United States. This taxcredit applies to vehicles acquired after December 31, 2009. For moreinformation, including qualifying vehicles, see the Internal Revenue Service(IRS) Plug-In Electric Vehicle Credit website. Alsorefer to IRS Form 8936, which is available via the IRS Forms and Publications website.(Reference Public Law 112-240, Section 403; and 26 U.S. Code30D) Point of Contact U.S. Internal Revenue Service Phone: (800) 829-1040 http://www.irs.gov/ From: Peri Hartman via EV <ev@lists.evdl.org> To: ev@lists.evdl.org Sent: Monday, May 18, 2015 8:55 AM Subject: Re: [EVDL] EVLN: CO's Credit Applies 2Used & Outside-State Purchased EVs Does anyone know if the federal credit can be applied to a used EV provided that the credit hasn't already been applied to that EV?
Peri ------ Original Message ------ From: "brucedp5 via EV" <ev@lists.evdl.org> To: ev@lists.evdl.org Sent: 18-May-15 12:41:11 AM Subject: [EVDL] EVLN: CO's Credit Applies 2Used & Outside-State Purchased EVs > > >http://www.greencarreports.com/news/1098277_colorados-electric-car-credit-applies-to-used-cars-too >Colorado's Electric-Car Credit: Applies To Used Cars Too >By John Voelcker May 13, 2015 > >[images >http://images.thecarconnection.com/med/2015-nissan-leaf_100473864_m.jpg >2015 Nissan Leaf > >http://images.thecarconnection.com/med/tesla-roadster-recharging-at-denver-international-airport-from-solardave-blog_100305292_m.jpg >Tesla Roadster recharging at Denver International Airport, from >SolarDave >blog >] > >The checkerboard pattern of constantly changing electric-car incentives >and >fees among the 50 American states often baffles outsiders. > >And as states go, Colorado has a mixed record. > >But its electric-car incentive turns out to have a quirk not shared by >any >other state, as far as we can determine. > >That is the eligibility of its electric-car purchase tax credit not >just to >new cars, but also to used cars on which the credit hasn't previously >been >claimed. > >That largely applies to electric cars imported from other outside >Colorado. > >That state's electric-car purchase tax credit lets taxpayers claim a >credit >for 75 percent of the premium over a comparable gasoline car, up to a >maximum of $6,000, for purchasing a battery-electric or plug-in hybrid >vehicle. > >According to a Colorado electric-car advocate who asked to remain >anonymous, >a Colorado resident can claim that credit on any electric car whose >Vehicle >Identification Number (VIN) hasn't previously been submitted to the >program. > >That means that, in theory, a Colorado resident could travel to >California >to buy a 2011 Nissan Leaf that had been registered there for three >years--the time required to claim that state's electric-car purchase >rebate. > >Our source says that the buyer could then truck it to Colorado, >register it >as a used car, and legally claim that state's tax credit on the year's >tax >return. > >That quirk aside, two years ago, Colorado was rated the most electric >car-friendly of six Southwestern states studied by the Southwest Energy >Efficiency Project (SWEEP). > >On the other hand, Colorado is one of several states that have >instituted a >special registration fee on electric cars to compensate for the >gasoline >taxes they don't pay. > >But in Colorado, it's among the lowest, at just $50 per year. > >Better yet, $20 of each car's annual fee goes to the state's Electric >Vehicle Grant Fund, which pays for public charging stations and other >infrastructure. > >At the behest of the Colorado Automobile Dealers Association, the state >was >one of the earliest to change its franchise laws to prohibit Tesla >Motors >from opening additional Tesla Stores within the state. > >That took place back in March 2010, as the association's president Tim >Jackson proudly related to Green Car Reports during an interview we >published in October 2012. > >If the goal of incentives that encourage electric-car purchases is to >get >more of the cars on the road, then presumably the Colorado law will do >exactly that. > >A used electric car imported from another state presumably substitutes >for >the gasoline car that would otherwise have been purchased (though, >admittedly, that car is hardly likely to be exported in exchange). >[© greencarreports.com] >... >http://www.greencarreports.com/news/1084155_why-electric-car-owners-should-be-happy-for-new-colorado-tax >Electric-Car Owners Should Be Happy For New Colorado Tax (May 2013) >... >http://www.ngtnews.com/e107_plugins/content/content.php?content.10753#.VVN-fcb4CMo >Pennsylvania Extends Alt-Fuel Vehicle Rebate Program >[May 13, 2015] Plug-in hybrid electric vehicles (PHEVs) and battery >electric vehicles (EVs) that have battery system capacities equal or >greater >than 10 kWh - including models ... >... >http://www.autoblog.com/2015/05/16/used-ev-tax-incentive-colorado/ >You can score a used EV tax incentive in Colorado >... >https://www.google.com/search?q=electric+vehicle+tax+credit >Electric vehicle tax credit > > > > >For EVLN posts use: >http://evdl.org/evln/ > > >{brucedp.150m.com} > > > >-- >View this message in context: >http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-CO-s-Credit-Applies-2Used-Outside-State-Purchased-EVs-tp4675595.html >Sent from the Electric Vehicle Discussion List mailing list archive at >Nabble.com. >_______________________________________________ >UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub >http://lists.evdl.org/listinfo.cgi/ev-evdl.org >For EV drag racing discussion, please use NEDRA >(http://groups.yahoo.com/group/NEDRA) > _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA) -------------- next part -------------- An HTML attachment was scrubbed... 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