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electrical / hybrid new & used car credit

Eug
Level 1

what is the best source to find out if the electrical or hybrid new or used car is eligible for tax credit in 2023 

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1 Solution

Accepted Solutions
qbteachmt
Level 15

You can google:

2023 ev tax credit

Then follow links, because you need to know when the purchase was made, the size of the electric rating, if this is new or used, have the certification if purchased from a dealership, and even input the VIN to confirm. You need at least three sources:

https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

https://www.fueleconomy.gov/feg/taxused.shtml

https://www.fueleconomy.gov/feg/tax2023.shtml

 

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"Level Up" is a gaming function, not a real life function.

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2 Comments 2
sjrcpa
Level 15

irs.gov


Ex-AllStar
0 Cheers
qbteachmt
Level 15

You can google:

2023 ev tax credit

Then follow links, because you need to know when the purchase was made, the size of the electric rating, if this is new or used, have the certification if purchased from a dealership, and even input the VIN to confirm. You need at least three sources:

https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

https://www.fueleconomy.gov/feg/taxused.shtml

https://www.fueleconomy.gov/feg/tax2023.shtml

 

*******************************
"Level Up" is a gaming function, not a real life function.