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What is the Plug-in Electric Drive Motor Vehicle Credit?

SOLVEDby TurboTax1463Updated 3 weeks ago

Reported on Form 8936, the Plug-In Electric Drive Motor Vehicle Credit applies to certain manufactured electric or plug-in hybrid electric vehicles which draw electricity from a battery recharged from an external source of electricity. The credit ranges from $2,500 to $7,500, depending on battery capacity and weight.


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