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How do I apply the tax credit with Caramel?
Sep 3, 2025
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Updated
UPDATE: Due to the EV Tax Credit expiring on 9.30.2025 we will require that any new transactions seeking this credit be initiated before 9.15.2025 to allow time for processing.
When we prepare your documents, Caramel includes the necessary attestation and seller report for you to include with your tax filing.
If you elect to apply the tax credit upfront, we reduce your purchase price and submit for the rebate with the IRS. Otherwise, you'll receive the rebate when you file your annual taxes. In both cases, you'll simply add the seller report we've provided you to your tax filing.
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