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Business ev tax credit

Does the Commercial Clean energy vehicle credit apply to used EV's or is it only for new vehicles?

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LoriLeighEA
Employee Tax Expert

Business ev tax credit

Welcome to the Event, Dschopp!

For businesses and corporations, the electric vehicle needs to be new. If this is a purchase for you as an individual, it can be used. See these links for more information, guidelines and qualifications:

https://afdc.energy.gov/laws/13039

 

https://www.irs.gov/credits-deductions/used-clean-vehicle-credit#:~:text=Beginning%20January%201%2C%...

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