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Thread: Electric motorcycle purchase rebate

              
   
   
  1. #1
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    Electric motorcycle purchase rebate

    Leave it to our Congress to do something weird. For 2017 electric motorcycle purchases did not qualify for the 10% government electric vehicle rebate (up to $2500 right from the Treasury Department). However, when Congress passed the recent 2018 tax law, they inserted a provision that the rebate would be applicable for electric motorcycles that were previously purchased in 2017 (when the rebate was not applicable), but it is not available for purchases made this year. So they are rewarding a previous purchaser like me, but are providing no incentives for an electric motorcycle purchase this year. The original reason for the rebate was to encourage the purchase of electric vehicles so this new law doesn't make any sense to me. But that is our Congress for you. See this article: https://electrek.co/2018/02/09/ev-ch...extended-2018/
    Richard - Current bikes: 2018 16.6 kWh Zero S, 2016 BMW R1200RS, 2011 Royal Enfield 500, 2009 BMW F650GS, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.

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    I downloaded the forms to run past my taxguy... I wonder if a DIY conversion qualifies!!
    Current rides: '96 Honda Ohlins VFR, '03 Cannondale C440R, '03 Cannondale Cannibal, '06 Yamaha 450 Wolverine 4x4
    Current builds: http://elmoto.net/showthread.php?t=4354

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    Quote Originally Posted by Stevo View Post
    I downloaded the forms to run past my taxguy... I wonder if a DIY conversion qualifies!!
    Originally the rebate did apply to conversions, but I don't know about now. My recollection from the first time I applied in 2010, there was a separate form for conversions. Later I discovered that I had used the conversion form, instead of the purchase form, but I still received my rebate for the purchase of my GPR-S. I think the IRS has bigger fish to fry when it comes to checking on electric motorcycle purchases and conversion credits. My guess is that if you can make it past their computer system without raising any flags, no one will even look at the form and will just give you whatever you asked for.

    The last time I applied for the rebate in 2014, I did so electronically and you were required to provide your VIN, along with other information about the purchase. If you didn't have the right VIN, manufacturer name, or model, the electronic form wouldn't accept the input. I guess that information must have been provided to the IRS by the vehicle manufacturers.
    Richard - Current bikes: 2018 16.6 kWh Zero S, 2016 BMW R1200RS, 2011 Royal Enfield 500, 2009 BMW F650GS, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.

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    I just checked with my tax guy and he tells me that the IRS has not updated their EV credit tax form. He says that he will keep checking and let me know whenever they get around to doing so. In 2014 they didn't update the form until March - and that was when the revised tax law became effective the previous December. Plus, the IRS had a much larger staff back then. I bet they don't get that form updated for another month or two. With all of the changes in the tax law for 2018, those guys are really going to be busy.
    Richard - Current bikes: 2018 16.6 kWh Zero S, 2016 BMW R1200RS, 2011 Royal Enfield 500, 2009 BMW F650GS, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.

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    Here are various government documents regarding electric motorcycle purchases. But they seem to only apply to purchase of a new vehicle. However there may be some other location in the tax code that applies to conversions.
    https://energy.gov/eere/electricvehi...her-incentives
    https://www.irs.gov/pub/irs-pdf/i8936.pdf
    https://www.irs.gov/pub/irs-pdf/f8936.pdf
    Richard - Current bikes: 2018 16.6 kWh Zero S, 2016 BMW R1200RS, 2011 Royal Enfield 500, 2009 BMW F650GS, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.

  7. #6
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    I think I just recalled that IRS form 8910 used to be the one that allowed someone to take credit for electric conversions of IC vehicles, but it looks like that form is now being used for the likes of 4-wheel fuel cell powered lumps - and probably H2-powered cages, too. The form instructions seem to go out of their way to state the the credit is only for vehicles having four or more wheels.
    Richard - Current bikes: 2018 16.6 kWh Zero S, 2016 BMW R1200RS, 2011 Royal Enfield 500, 2009 BMW F650GS, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.

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