Arizona Leaf a good deal or should avoid?

[lion]

4) If you do claim the $7500 tax credit it is not subject to AMT itself, but it changes your AMT formula such that almost any other special credit or deduction in the same year - such as the 30% for a home charging station - won't count in that year. 5) Your state taxes will be on the value BEFORE the tax credits.

Is there another thread discussing this? I was counting on that 30% tax credit for my EVSE (purchased the same month as my car). That's rather disappointing, considering most people buying EVs would also buy an EVSE.

 

[cgaydos]

4) If you do claim the $7500 tax credit it is not subject to AMT itself, but it changes your AMT formula such that almost any other special credit or deduction in the same year - such as the 30% for a home charging station - won't count in that year. 5) Your state taxes will be on the value BEFORE the tax credits.

Is there another thread discussing this? I was counting on that 30% tax credit for my EVSE (purchased the same month as my car). That's rather disappointing, considering most people buying EVs would also buy an EVSE.

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