this post was submitted on 27 Jan 2024
22 points (100.0% liked)
Electric Vehicles
3179 readers
78 users here now
A community for the sharing of links, news, and discussion related to Electric Vehicles.
Rules
- No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
- Be respectful, especially when disagreeing. Everyone should feel welcome here.
- No self-promotion
- No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
- No trolling
- Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Verify the guidelines first
https://www.irs.gov/credits-deductions/used-clean-vehicle-credit
Who Qualifies
You may qualify for a credit for buying a previously owned, qualified plug-in electric vehicle (EV) or fuel cell vehicle (FCV), including cars and light trucks, under Internal Revenue Code Section 25E.
To qualify, you must:
You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. If your income is below the threshold for 1 of the two years, you can claim the credit.