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Federal EV Tax Credits – EQ Mag

Federal EV Tax Credits – EQ Mag

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The federal government recognizes the critical role an electrified transportation industry must play in combating climate change. As a way to help Americans make the switch to EVs, they’ve passed legislation to give people a credit on their annual tax return if they meet certain requirements.

To break down the different requirements and answer frequently asked questions, we’ve created the following resources broken down by the timelines they apply to.

For vehicles delivered on or after Jan. 1, 2023
For vehicles delivered between Aug. 17, 2022 and Dec. 31, 2022

Source: pluginamerica
Anand Gupta Editor - EQ Int'l Media Network