The EV Tax Credit: Buy Now or Wait Until 2024?
EV Life
OCTOBER 7, 2023
The 2022 IRA established MSRP limits of $80,000 for electric trucks, vans, and SUVs and $55,000 for all other EVs to qualify. Dealers must register with the IRS to be eligible to offer the credit at the point of sale. Or do you make your purchase now, but have to wait until next year’s tax filing to see any of the money?
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