Comsumers must keep up with IRS guidance in 2023 if they plan to buy an electric vehicle and get a tax credit when they file tax returns next year.       

Topics:  irs   tax credit   
BING NEWS:
  • Republicans Can Slow but Not Stop Electric Vehicles, Experts Say
    More car buyers are expected to eventually pick battery-powered cars and trucks as prices fall and technology improves, even if Biden-era incentives disappear.
    01/11/2025 - 2:29 am | View Link
  • Rules and guidance proposed on commercial clean vehicles, clean fuels
    Proposed new rules were issued for the tax credit for qualified commercial clean vehicles, along with guidance on claiming tax credits for clean fuel.
    01/10/2025 - 7:14 am | View Link
  • Tesla's easy money from clean car credits at risk under Trump
    Tesla has pocketed $11 billion from the sale of regulatory credits to rival automakers needing help to hit tough emissions targets — easy money that could dry up if President-elect Trump rolls back ...
    01/8/2025 - 11:12 pm | View Link
  • Winners and losers as the EV tax credit rules change for 2025
    Genesis' GV70 Electrified now qualifies for the full EV tax credit, as do Hyundai's Ioniq 5 and Ioniq 9, and the Kia EV6 and EV9. But those appear to be the only newly qualified EVs for 2025. And the ...
    01/8/2025 - 9:30 pm | View Link
  • ANOTHER OPINION: Five reasons to keep the federal tax credit for EVs
    President-elect Donald Trump’s transition team is planning to eliminate a $7,500 electric vehicle tax credit that helps consumers afford clean cars while supporting the U.S. auto industry.
    01/7/2025 - 3:15 pm | View Link
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