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if it is in the form of a "REBATE"...yes, in Michigan, we pay SALES tax on the REBATE as well as the purchase price.
it likely won't be anything you can spend other than to equalize your 2022 vs. 2023 MSRP as a credit in your purchase contract.
Typically rebates are a credit towards the payment (similar to a gift card), not a reduction in cost. So you will pay tax.
Pretty much why in autospeak it is specifically labeled a private offer and not a rebate.
Although the details are still unrevealed, especially if the dollars concerned will track exactly with what was available across the board with '22 models, think of the private offer for '22s kicked over to '23s as an individualized extension of price protection, whether some or all in gross reduction, and not a rebate program.
Although the details are still unrevealed, especially if the dollars concerned will track exactly with what was available across the board with '22 models, think of the private offer for '22s kicked over to '23s as an individualized extension of price protection, whether some or all in gross reduction, and not a rebate program.
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Private offers are usually considered the same thing as a rebate. If they do something different and it is a form of price protection where they reduce the dealers cost for the vehicles....then it may not be taxible.
But right now I think it will just be a private offer rebate and that it will be taxable (in the states where rebates are taxable).
I think that rebate would be entered on your 1040 where it says "other income". The IRS always looks at that line as potential money laundering but in this case the number should not be high enough for that. Without a 1099 generated for it though there are many potential avenues. 
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