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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. Applicants can receive a non-refundable tax credit of up to $7,500 on the purchase of any of the eligible vehicles listed under the IRA. Critical minerals. Battery components.

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Tax Credit Tax Personal F-150 52
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The Best Electric SUVs on the Market

EV Life

JUNE 8, 2023

The federal tax credit, defined under the Inflation Reduction Act , provides tax rebates of up to $7,500 toward the purchase of an electric vehicle, and there are many state and local programs that offer additional incentives for electric vehicle purchases, retiring old gas guzzlers, installing home chargers, and more. But guess what?

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SUV Tax Credit Market Tax 52
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