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Hosted on MSN1mon
That $7,500 electric vehicle tax credit may soon be harder to get. Here are 2 workarounds
The Inflation Reduction Act set manufacturing standards for new electric vehicles to be able to qualify for a $7,500 tax credit. Those rules kick in April 18. Fewer cars are likely to qualify for ...
NerdWallet1mon
Electric Vehicle Tax Credit: Rules and Qualifications for Clean Vehicle Purchases
The electric vehicle tax credit has been expanded and modified. Here are the rules, restrictions and how to qualify. Many or all of the products featured here are from our partners who compensate us.
2d
The easiest way to get a $7,500 tax credit for an electric vehicle? Consider leasing.
A dealer can apply the tax credit to any leased electric vehicle, no matter where it's made, to reduce a customer's monthly ...
Kiplinger9d
Stricter Electric Vehicle Tax Credit Rules Begin April 18
Eagerly anticipated federal guidance on the EV tax credit was released last month that limits which electric vehicles qualify for the $7,500 tax credit under the Inflation Reduction Act (IRA).
Kiplinger1mon
EV Tax Credit 2023: What's Changed and What's Ahead
Despite the confusion, electric vehicle tax credits can benefit some consumers. So, it's important to know how the 2023 credit works and which vehicles currently qualify for the EV credit ...
CNET19d
How Almost Any Electric Vehicle Can Qualify for the $7,500 EV Tax Credit
When new requirements for the EV tax credit took effect in April, the number of electric vehicles that qualified for the $7,500 tax break dropped dramatically. Right now only about a dozen cars ...
Charlotte Observer1mon
Here Are All the EVs That Qualify for $7,500 Federal Tax Credits in 2023
Money Research Collective’s editorial team solely created this content. Opinions are their own, but compensation and in-depth research determine where and how companies may appear. Many featured ...
Lifehacker21d
Use This Loophole to Get a $7,500 Tax Credit on Almost Any Electric Car
Earlier this year, we told you about a tax credit loophole for the Chevy Bolt ... mind the Bolt line has been discontinued), many electric vehicles (EVs) that qualified for that loophole no ...
Hosted on MSN1mon
The Electric Vehicles With The Best Tax Credit
Not only are you already helping the environment, you're getting a a tax credit up to $7,500. It's getting clearer and clearer that electric vehicles are worth the cost. There are so many reasons!
CNBC22d
Automakers find a tax credit loophole to increase EV leasing and boost sales
Most EVs for sale today do not qualify for the full federal tax credit under the Inflation Reduction Act because of where the vehicles or components are built. But leasing the vehicles can save ...
AZFamily27d
Tax credits for electric vehicles: what you need to know before car shopping
PHOENIX (3TV/CBS 5) — Electric vehicles are becoming more and more common. Federal tax credits can make them a pretty attractive option. But not every EV qualifies for the credit, so there’s a ...
Journal-Courier
2d
Easiest way to get a $7,500 tax credit for an electric vehicle? Consider leasing
Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an ...

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