To qualify vehicles for clean vehicle tax credits, manufacturers must enter a written agreement with the IRS and report information for each clean vehicle they manufacture.| 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
HIGHLIGHTS OF THIS ISSUE| www.irs.gov
You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle.| www.irs.gov
Clean vehicle dealers and sellers use this tool to register so that customers can qualify for clean vehicle (CV and EV) credits, and to receive advance payments of credits.| 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