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You missed the AND portion Meets State law AND 5% minimum non-refundable

Because they would have to retroactively examine all sales in 2023, decide which sales qualified and for how much, and then reach back out to customers to get any missing information they need to generate the report. They do not have my SSN/TIN on file The report they are required to provide to...

I'm not the one making the bet. Everyone counting on the BPA holding up is doing the betting. Rivian has there collective heads up somewhere very dark when it comes to the Tax Credit. I'm still fighting with them to get the report they were required to provide at the time of delivery on my R1S...

Not how it works. They haven't even looked at the CONTRACT (AFAIK there is no way to submit it with your tax return). Accepting your return is only the first step - are all the referenced forms included, is the math correct, etc. They have not confirmed the actual validity of any deductions or...

It's too bad Rivian (like Tesla) elected not to use blended braking. The ability to map regen to either pedal can make the EV driving experience easier/more pleasant to a wider audience. There are EV choices out there that allow full one pedal driving or a setting that coasts when off throttle...

The IRS will issue a refund automatically and only a flag for a later audit will result in a denial of any deduction or credit claimed. Good luck to all that are claiming based on the BPA as it very clearly fails the guidelines that the IRS issued. Not only will repaying the $7,500 hurt, the...

AFAIK, Rivian is not supplying customers with purchases in 2023 the documentation required to claim the credit. At least I have been unsuccessful in my attempts. Anyone get the required report? SECTION 5. SELLER’S REPORTS .01 Required Reports under Sections 30D and 25E. For purposes of §...

Getting a refund doesn't mean they will allow the credit. Like almost all deductions it is automatic (as long as all the required forms are attached) and they will later examine (aka audit) returns they want to take a closer look at. Same principal as claiming a $7,500 donation to a charity -...

The August PBA is worthless by IRS guidelines, and in any case would not apply for deliveries after Dec 31st. 2022. Purchase was under $80K, adjusted income is under the cap, assembled in North America, battery restrictions delayed until the day after the IRS issues the guidelines so the old...

Been a long time since I posted, but thought I'd pop back on with a PSA. Took delivery of my R1S (switched from the R1T), last Saturday As a qualified manufacturer, Rivian agreed to a number of things. Among those is providing a report at the time of purchase (in 2023) with information...

I know of 3 deliveries in the Portland, OR area and one in Bend. None are to people active on this forum (nor are they employees). Don't want to spoil the negative vibes, so I'll step out. Carry on.

Thought I'd pop back in and see if the overall tone had changed since deliveries had started. Maybe I'll check back later this year - or maybe not. Carry on....

https://jalopnik.com/the-car-shortage-is-about-to-get-a-whole-lot-worse-1847892481 https://www.dw.com/en/first-chips-now-magnesium-carmakers-grapple-with-the-next-supply-crisis/a-59688374 https://www.ft.com/content/1611e936-08a5-4654-987e-664f50133a4b...

They are dealing with the Magnesium issue like every other manufacturer that uses aluminum or countless other things that require it for production

Look at the following scenario: They can make 50K in 2022 They can make an additional 100K in 2023 They have 55K pre-orders. In what year can they predict fulfilling them? That is what is reported in the S-1.

The new credit would replace the old. No grandfathering.

With the $12K Tax Credit, and the OR rebate, a brand new 2020 LT would be ~$16,500 in OR

Where did you see that it would take until the end of 2023 to fulfill 55K? That was not presented in the S-1 They had 48K they could fill by the end of 2022 At 55K it will be by the end of 2023 They look at years only, not to the month, week or day. When we see the final S-1 update next week...

If it doesn't open higher, it will be deemed a flop. The question is: How long before the dip and how deep will it be? I'm in it for the long haul and will likely be buying additional on the open market from my Roth. Tempting to take some TSLA profit and move it into RIVN

Unfortunately, if they pass anything like the proposal currently under consideration we won't know how much - if any - the R1T/S will qualify for until after the IRS generates rules to implement what they interpret to be the intent of the passed code. Estimated time frame: very late 2022, but...