What if a buyer has insufficient tax liability to fully use a transferred credit?

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What if a buyer has insufficient tax liability to fully use a transferred credit?

Can I use the used EV tax credit to reduce my upfront payment with Caramel?

What are the qualifications for the used EV tax credit?

How big is the used EV tax credit?

How do I apply the tax credit with Caramel?

What if a buyer has insufficient tax liability to fully use a transferred credit?

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.

The amount of the credit that the electing taxpayer elects to transfer to the eligible entity may exceed the electing taxpayer's regular tax liability for the taxable year in which the sale occurs, and the excess, if any, is not subject to recapture from the dealer or the buyer.

Can I use the used EV tax credit to reduce my upfront payment with Caramel?

Does Caramel charge a fee?

How do I apply the tax credit with Caramel?

What are the qualifications for the used EV tax credit?

How big is the used EV tax credit?

Articles in this section

What if a buyer has insufficient tax liability to fully use a transferred credit?

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