Electric vehicle tax credits can be highly valuable, but there are a lot of confusing rules regarding how they work. This guide is going to show you what you need to know about tax credits on plug-in electric vehicles. It will also answer some of the most common questions people have.
How Much are Electric Vehicle Tax Credits?
The electric vehicle tax credit is worth up to $7,500. In other words, this only applies if your tax bill is worth $7,500 or more.… Read the rest