A step-by-step guide for claiming clean vehicle tax credits, including how to make sure you get a time-of-sale report that documents your purchase.| www.irs.gov
The IRS is working on implementing the Inflation Reduction Act of 2022. This major legislation will affect individuals, businesses, tax exempt and government entities. Many of the provisions pertain to clean energy credits that may be available for individual taxpayers, business, corporations and manufacturers.| www.irs.gov
Save up to $4,000 on qualifying vehicles!| fueleconomy.gov
Information about Form 8936, Qualified Plug-In Electric Drive Motor Vehicle Credit, including recent updates, related forms and instructions on how to file. Form 8936 is used to figure credits for qualified plug-in electric drive motor vehicles placed in service during the tax year.| www.irs.gov
Sellers of eligible electric vehicles can help their customers take advantage of clean vehicle credits by registering with the IRS and meeting reporting requirements.| www.irs.gov
If you bought or leased a new, qualified plug-in electric vehicle (EV) in 2022 or before, you may be eligible for a clean vehicle tax credit up to $7,500 under IRC 30D.| www.irs.gov
If you buy a qualified used electric vehicle from a dealer for $25,000 or less, you may be eligible for a clean vehicle tax credit of up to $4,000.| www.irs.gov
Businesses and tax-exempt organizations that buy electric vehicles and mobile machinery may qualify for clean vehicle tax credits up to $40,000.| www.irs.gov