Has anyone received their refund for an amended 2022 federal tax return?

[shimps1]

Coincidentally, I also had a solar panel system installed on my house in 2022. Does the Rivian use the same tax credit, or a different one? I assume it's different, but want to make sure.

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[edman007]

Coincidentally, I also had a solar panel system installed on my house in 2022. Does the Rivian use the same tax credit, or a different one? I assume it's different, but want to make sure.

I'm in the same boat, the solar credit is different, and explictly applies after the EV credit. The solar credit also rollovers.

So if your tax was $8k in 2022 and you got a $10k solar tax in 2022, then you solar tax reduced your tax in 2022 to 0 so you got roughly $8k refund and then apply a $2k solar credit in 2023. When you amend the EV tax credit you'll apply the $7500 EV credit, take a $500 solar credit, get no additional refund in 2022. But your solar credit in 2023 will be $9500 (so you might get a $8k in 2023 and then $1500 in 2024).

So basically you'll get it, but maybe or probably not in 2022, it kinda moves to a later year (and if you get your car in 2024, then you might need to amend your 2023 return too)

 

[shimps1]

I'm in the same boat, the solar credit is different, and explictly applies after the EV credit. The solar credit also rollovers.

So if your tax was $8k in 2022 and you got a $10k solar tax in 2022, then you solar tax reduced your tax in 2022 to 0 so you got roughly $8k refund and then apply a $2k solar credit in 2023. When you amend the EV tax credit you'll apply the $7500 EV credit, take a $500 solar credit, get no additional refund in 2022. But your solar credit in 2023 will be $9500 (so you might get a $8k in 2023 and then $1500 in 2024).

So basically you'll get it, but maybe or probably not in 2022, it kinda moves to a later year (and if you get your car in 2024, then you might need to amend your 2023 return too)

I just took a look at my return. Even after the solar credit, I still paid $21k in taxes, so I think I'll be good to go.

 

[JWreck]

Took delivery of our R1S on May 6, 2023.

Filed amended tax return June 16, 2023 with our CPA.

Current status on IRS website is still just “Received”.

 

[DrewMc]

Sorry if this is asked-and-answered, but I have been searching and not found discussion here.

I am taking delivery of my R1T this week. I signed a binding purchase agreement on Aug 11, 2022.

Is it true that if I amend my 2022 return, I can get the tax credit regardless of my income? My CPA seems to think I am subject to the income limits.

 

[George Costanza]

Sorry if this is asked-and-answered, but I have been searching and not found discussion here.

I am taking delivery of my R1T this week. I signed a binding purchase agreement on Aug 11, 2022.

Is it true that if I amend my 2022 return, I can get the tax credit regardless of my income? My CPA seems to think I am subject to the income limits.

Yes, it is true. You are NOT subject to the income limit. (as long as you had at least $7500 tax liability in 2022, of course)

Ps. If you want to save more money, you know what to do with that CPA.

 

[tk21]

Took delivery of our R1S on May 6, 2023.

Filed amended tax return June 16, 2023 with our CPA.

Current status on IRS website is still just “Received”.

Same….

 

[iforbes]

Took delivery early June, return amended a few days later. Got a check last week so 13 ish weeks.

 

[atxer]

I'm finalizing my configuration and considering the Max Pack, which puts the price of the vehicle above 80k. Does the price limit still apply if I have a buyer's purchase agreement from 2022?

 

[Bruins06]

I'm finalizing my configuration and considering the Max Pack, which puts the price of the vehicle above 80k. Does the price limit still apply if I have a buyer's purchase agreement from 2022?

No

 

[ozziegt]

I never received an email mentioned in this thread "Confirmation for your Tax Return Records". Took delivery on 9/30. Is Rivian supposed to send me some kind of doc for the IRS?

 

[TollKeeper]

I just changed my withholdings to exempt... I have 15000 in credits sitting there for 2 years now, and with my RIv delivery coming, it will push it into the mid 20's (Federal, and Colorado).. So I need to quit paying so much!

 

[oskeei]

Amended return e-filed on 17MAY23, received check 23SEPT23 (18 weeks). I figured it would be provided electronically and the check was a surprise.

 

[atxer]

I never received an email mentioned in this thread "Confirmation for your Tax Return Records". Took delivery on 9/30. Is Rivian supposed to send me some kind of doc for the IRS?

Yes, you should have received this email last year in August.

 

[sac602]

got check in about 3 weeks!

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