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Author Topic: Tax Credit  (Read 368 times)

wadejesu

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Tax Credit
« on: August 27, 2022, 09:06:08 PM »

Do Zero motorcycles qualify under the new rules? If so what documentation is required>
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Richard230

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Re: Tax Credit
« Reply #1 on: August 27, 2022, 09:13:34 PM »

Do Zero motorcycles qualify under the new rules? If so what documentation is required>

If you are thinking of the new EV rebate rules that go into effect next year, I don't think so. They are a lot more complicated than the current rebate regulations and Zero would have to certify to the IRS that their motorcycles conform to the new EV credit requirements. My guess is that they won't or can't submit that documentation.  But if they do and the IRS approves their certification that their motorcycles meet the requirements of the new law then your application for a tax credit would likely be approved when you submit your 2023 tax return.
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Richard's motorcycle collection:  2018 16.6 kWh Zero S, 2020 KTM 390 Duke, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.

wadejesu

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Re: Tax Credit
« Reply #2 on: August 27, 2022, 09:32:17 PM »

I searched all over the new rules and there is no mention of motorcycles any where , Thanks Joe!
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Richard230

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Re: Tax Credit
« Reply #3 on: August 28, 2022, 04:09:18 AM »

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Richard's motorcycle collection:  2018 16.6 kWh Zero S, 2020 KTM 390 Duke, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.
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