Electric Vehicle Credits 2024

Electric Vehicle Credits 2024. You can claim the federal electric vehicle tax credit for your 2023 and 2024 taxes. Find more information on the clean vehicle credits for individuals, businesses and manufactures:


Electric Vehicle Credits 2024

The inflation reduction act allows a maximum credit of $7,500 per new clean vehicle, consisting of $3,750 in the case of a new vehicle that meets certain requirements relating to applicable critical minerals and $3,750 in the case of a new vehicle that meets certain requirements relating to battery components. Here’s what you’ll need to qualify for this.

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