Electric Vehicle Credits 2024. Here's how the electric vehicle tax credits work in 2023 and 2024 (as of nov. The inflation reduction act extends the current incentives.
People who buy new electric vehicles may be eligible for a tax credit of up to $7,500, and used electric car buyers may qualify for up to $4,000. You can claim the federal electric vehicle tax credit for your 2023 and 2024 taxes.
