2023 Lightnings purchased in 2022 are definitely eligible. 2023s purchased in 2023, the jury is still out on exactly what the rules/credit will be. But if you put your VIN in at the bottom of that link, it tells you the Lightning is built in the US, which means it isn't automatically disqualified from the 2023+ credit.
Congrat's on the early delivery and being able to take advantage of the legacy credit!!
Yes, on the $7500 (I don't know anything about Colorado), as long as you have $7500 of total tax liability for the year. This is not just how much you owe at tax time, it's your total federal tax liability for 2022. So, if you paid in $25k of taxes during the year and your total owed at tax time is $0 (because you paid it all during the year), then you'll get a $7500 check from the IRS. If you have less than $7500 total federal tax liability for the year, though, you wouldn't get the full benefit.
Congrats! And as greene said, no income phase-out for people who take delivery in 2022.
That is the correct form, but not sure what details your accountant will request of you.
Thanks! Just curious as the form for the 30% rebate for home charger installation. My install was about 3500. Does that apply to residential?
I had the IRS request purchase and registration documents for my 2016 Model X... So there's always that chance they will check up on you.
The 30% tax credit for home charger installation, including wiring, is totally different. It goes on form 8911. It's 30% up to $1,000 total. So, if you do the math - $1,000 / .3 = $3,333.33. So, if you put down $3,500, you will get a $1,000 tax credit.
I'm in CO as well (picking mine up tomorrow), and I believe electric trunks are eligible for $3,500, as they are listed as a different category of vehicle (light duty electric truck vs. light duty passenger vehicle). It lists a GVWR of 8,550 to 10,000 but I've seen the prior year tax form and all it lists is electric truck of any GVWR.
