Bimmerfest - BMW Forums - View Single Post - 2011 X5-D deals
Thread: 2011 X5-D deals
View Single Post
Old 12-02-2010, 04:26 PM
BimmerVSR BimmerVSR is offline
Lifetime Bimmer Fan
Location: CT, USA
Join Date: Mar 2004
Posts: 173
Mein Auto: 2012 535 xi GT
The letter and the spirit!

Originally Posted by docboss View Post
I just hope I get it before December 31, so I can also get the $1800 rebate. Doc
The rebate is actually a Fed Tax Credit which you receive by filling out IRS Form 8910 when filing your 2010 taxes. The form does not require a VIN#, only the make/model and the "in use date."

I suppose if you loosely interpret in-use to mean order date (there is no definition on the form), then the credit will apply until such time that you are selected for an Audit.

Even then, it may simply be a matter of showing proof you bought a 35d (the December dated Sales contract as proof perhaps) and hope that the auditor doesn't look closely at the dates. In fairness, there is the letter of the law and the spirit of the law. My feeling is that if your taxes are otherwise clean, and your nice to the auditor, the spirit may prevail.

If you've got other issues, then all bets are off.

Keep in mind, I may be totally wrong here. I'm not a CPA or an IRS auditor.

Let's just hope that we all get our shipments in time!
Reply With Quote