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

[R1Sky Business]

I am also interested in this if anyone has done it

Probably too early at this point. Give it a few weeks

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[TXR1S]

I submitted an amendment 5/5 after taking delivery on 5/5.

 

[R1Sky Business]

I submitted an amendment 5/5 after taking delivery on 5/5.

Great, please keep the crew informed.

 

[Tonka]

Main issue is that they appear to have accepted the CONTRACT. I'm calling it.... We're good!

I’ve felt like the binding agreement was good I’m just waiting to see if they accept the 2023 model year because when you go to https://fueleconomy.gov/feg/tax2022.shtml and select the binding agreement tab it does not show the 2023 model year Rivian’s but it does show ford and bmw’s 2023 models

 

[Tonka]

I’ve asked about the model year in every way possible to Rivian and in ways that I know they completely understood the question but have yet to get a straight answer as to why their 2023 stuff doesn’t show there. Three different people all dancing around the question and saying they’ll get someone to reach out but never did. The guide however sent me something saying she thinks it’s good but was honest enough to say she couldn’t get a clear answer either.

 

[DucRider]

Main issue is that they appear to have accepted the CONTRACT. I'm calling it.... We're good!

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 tax credits.
You could claim tithing 10% of your gross income to a church and they would accept that at face value. Only if your return is later flagged for review/audit (they have at least three years to do so) will you be required to submit the documentation for questionable deductions/credits.
It is only after the IRS has requested, seen and accepted the Rivian BPA as a Binding Purchase Agreement (by their definition and guidelines) can anyone proclaim "We're good".

 

[sillyME]

So I am going to file my 2022 tax amendment, but which date should I put down on IRS form 8936? The binding contract date? The date appeared on Rivian Purchase Agreement executed by Rivian as seller? Or the actual delivery date?

 

[freshpow]

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 tax credits.
You could claim tithing 10% of your gross income to a church and they would accept that at face value. Only if your return is later flagged for review/audit (they have at least three years to do so) will you be required to submit the documentation for questionable deductions/credits.
It is only after the IRS has requested, seen and accepted the Rivian BPA as a Binding Purchase Agreement (by their definition and guidelines) can anyone proclaim "We're good".

Who hurt you? Let’s bet $7,500 that the BPAs will be accepted.

 

[R1Sky Business]

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 tax credits.
You could claim tithing 10% of your gross income to a church and they would accept that at face value. Only if your return is later flagged for review/audit (they have at least three years to do so) will you be required to submit the documentation for questionable deductions/credits.
It is only after the IRS has requested, seen and accepted the Rivian BPA as a Binding Purchase Agreement (by their definition and guidelines) can anyone proclaim "We're good".

It is the way....!!! We're good

 

[SRO]

Got my refund April 6th. Took about 3 weeks.

 

[DucRider]

Who hurt you? Let’s bet $7,500 that the BPAs will be accepted.

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. When they applied to the IRS to be a qualified manufacturer, they agreed to abide by the requirements set forth in Revenue Procedure 2022-42.

For 2023 returns, a tax credit claim will not be assumed to be valid by default. Instead it will be compared to the reports dealers (or manufacturers that do direct sales) are required to file no later than Jan 15th, 2024. If Rivian fails to file the report with the IRS that they won't provide to me (which at this point seems likely), I'm just as SOL as those that are relying on the BPA. Technically, I can't even request the report after the sale since my vehicle was not reclassified (The Mach-e, etc became SUVs and gained the bump in MSRP cap)

When I took delivery of my R1S, Rivian wouldn't even admit that they had an obligation to do anything at all. Now they are at the point of "we'll look into it". These guidelines were published in late 2022 and are very clear and specific as to Rivians obligations.

 

[Rivian_Hugh_III]

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. When they applied to the IRS to be a qualified manufacturer, they agreed to abide by the requirements set forth in Revenue Procedure 2022-42.

For 2023 returns, a tax credit claim will not be assumed to be valid by default. Instead it will be compared to the reports dealers (or manufacturers that do direct sales) are required to file no later than Jan 15th, 2024. If Rivian fails to file the report with the IRS that they won't provide to me (which at this point seems likely), I'm just as SOL as those that are relying on the BPA. Technically, I can't even request the report after the sale since my vehicle was not reclassified (The Mach-e, etc became SUVs and gained the bump in MSRP cap)

When I took delivery of my R1S, Rivian wouldn't even admit that they had an obligation to do anything at all. Now they are at the point of "we'll look into it". These guidelines were published in late 2022 and are very clear and specific as to Rivians obligations.

Why would you assume Rivian won’t provide the necessary documentation to the IRS? They have until Jan 15, 2024, so it’s clearly not a current priority. I have every confidence it’ll happen by the date required.

 

[R1Sky Business]

Why would you assume Rivian won’t provide the necessary documentation to the IRS? They have until Jan 15, 2024, so it’s clearly not a current priority. I have every confidence it’ll happen by the date required.

Because Rivian is the

 

[R1Sky Business]

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. When they applied to the IRS to be a qualified manufacturer, they agreed to abide by the requirements set forth in Revenue Procedure 2022-42.

For 2023 returns, a tax credit claim will not be assumed to be valid by default. Instead it will be compared to the reports dealers (or manufacturers that do direct sales) are required to file no later than Jan 15th, 2024. If Rivian fails to file the report with the IRS that they won't provide to me (which at this point seems likely), I'm just as SOL as those that are relying on the BPA. Technically, I can't even request the report after the sale since my vehicle was not reclassified (The Mach-e, etc became SUVs and gained the bump in MSRP cap)

When I took delivery of my R1S, Rivian wouldn't even admit that they had an obligation to do anything at all. Now they are at the point of "we'll look into it". These guidelines were published in late 2022 and are very clear and specific as to Rivians obligations.

I'm betting it works out.

 

[AxelR]

When I took delivery of my R1S, Rivian wouldn't even admit that they had an obligation to do anything at all. Now they are at the point of "we'll look into it". These guidelines were published in late 2022 and are very clear and specific as to Rivians obligations.

Looks like you’re seeing some progress. Be patient.

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