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not all Teslas will qualify for the credit, as well as other vehicles not made in U.S. Michael Strelka, CPA
Hello everyone, Hope you all are enjoying the nice weather ! Does anyone know if Illinois allows ERCs to be exempted from income taxes. My understanding is that ERCs are taxable at the federal level, and I had assumed that the same holds true ...
Yes, that's true. But the recently passed bill repeals that limit. I think the effective date is for vehicles sold after December 31, 2022 ------------------------------ Mark Goldman ------------------------------
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