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So, I called Hyundai about the IRS letter about the EV Tax Credit

Discussion in 'Hyundai Kona Electric' started by FloridaSun, Mar 25, 2021.

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  1. Oct 22, 2021 #41
    FloridaSun

    FloridaSun Well-Known Member

    Lakeland, Florida
    On a lease, the dealer keeps the rebate.. On a cash or financed sale, the buyer gets to claim the rebate. In my case, I paid full price and claimed my rebate.. After some confusion at the IRS, their investigation into the tax credit on my car was closed and I get to keep the tax credit. I did send them the sales and financing contract of the car as also the certification paperwork that I found on this forum (someone posted it). Took them over a year to close the investigation..
     

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  2. Oct 25, 2021 #42
    BaylorBob

    BaylorBob Active Member

    Suzanne, I'm not a Tax Guy. Not my Field. I believe everything you said. The Bottom Line for me, and all I cared about, was that on both of my Kona EV's the Cost to me for the Vehicle Lease was reduced by the amount the Federal Govt. Kicked in on the 2020 Hyundai Kona EV and Hyundai also kicked in on the 2021 Kona EV as you can see in the payments I listed for each. Thank you for your clarification.
     
  3. Mar 23, 2022 #43
    pulone

    pulone Member

    California
    I was audited by IRS 7 months ago, claiming I didn't own my 2019 Kona EV. The auditor then mailed me a black n white picture of the Vin inside the driver's door. Only problem, Ms Colman sent me a picture of someone else's car! I then gathered about 10 things with my VIN number....ins card, pink slip, photo of vin from windshield and drivers door, et al. I asked them in my appeal response, if they had access to CA DMV records, which all law enforcement has access to. A simple vin check would have solved their accusation. As a part of my appeal, I am allowed to request a meeting with Ms. Colmans supervisor.....Unfortunately, I did not get that opportunity!! Four months later, IRS sent a letter, they were dropping the audit. No apology! ps...Hyundai gave me the docs they had, that the IRS referenced & wanted...
     
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