Progress! IRA signed into law
Electric Auto Association
SEPTEMBER 9, 2022
Tax credit for Previously-Owned Clean Vehicles : A new tax credit of $4,000 or 30 percent of the vehicle sale price (whichever is lower) for used EVs, including hybrids with 7kwh or greater batteries. or $150,000 for individuals filing jointly, for the year of the purchase or prior year. Used EV sale price less than $25,000.
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