Tax Credits for Electric Cars
Electric vehicle tax credits can be highly valuable, but there are a lot of confusing rules regarding how they work.
This guide will 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.
What Are the Electric Vehicle Tax Credits?
The Qualified Plug-in Electric Drive Motor Vehicle Credit (IRC 30D), which is now known as the Clean Vehicle Credit, was amended by the Inflation Reduction Act of 2022 (Public Law 117-169).… Read the rest