Do I still need to meet the income limits if I transfer the tax credit to a dealer?

Yes. If you transfer the tax credit, you need to sign a document attesting that you expect that your income did not exceed the income limits either last year or this year. If your income exceeds the limits for both of those years, you will be required to repay the amount received for transferring the tax credit to the IRS in addition to your normal taxes.

Plug in & get connected!

Join the EV movement