Blastphemy Posted May 21, 2015 at 02:41 AM Report Share Posted May 21, 2015 at 02:41 AM (edited) As the OP discovered, the $4,007 is a Federal tax credit that one applies to the current year's tax liability on the IRS forms you file next year. It's definitely not a rebate, and only applies to the extent that it offsets any remaining liability you may owe the IRS after completing your taxes (prior to applying the EV credit). All withholding does is defer more or less of your paycheck to the IRS; it doesn't affect the total taxes owed (unless you don't withhold enough and therefore owe a penalty).However, if you live in California, the $1,500 CA tax rebate that applies to the Fusion Energi is indeed just a rebate check sent to you by the Clean Vehicle Rebate Project (funded by the California Environmental Protection Agency Air Resources Board)... but only if you keep the car for at least 36 months. Edited May 21, 2015 at 05:00 PM by Blastphemy Quote Link to comment Share on other sites More sharing options...
Energitic Posted May 21, 2015 at 03:20 PM Report Share Posted May 21, 2015 at 03:20 PM However, if you live in California, the $1,500 CA tax rebate that applies to the Fusion Energi is indeed a rebate... but only if you keep the car for at least 36 months. The California CVRP rebate is not a tax rebate. They simply send you check. Quote Link to comment Share on other sites More sharing options...
Blastphemy Posted May 21, 2015 at 04:57 PM Report Share Posted May 21, 2015 at 04:57 PM Whoops! The word "tax" snuck in there by accident! :) Probably because it was on the brain from my first paragraph... Hybridbear 1 Quote Link to comment Share on other sites More sharing options...
lonzo71 Posted May 21, 2015 at 06:20 PM Report Share Posted May 21, 2015 at 06:20 PM Maryland gives a rebate too :) and one for the charging station if one buys/install Quote Link to comment Share on other sites More sharing options...
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