Clean vehicle tax credits

[antoniovaz]

I bought an EV in 2023 and received the credit on my 2023 tax return. If I buy another EV in 2024 can I claim the credit when I do my 2024 tax return? Is there anything that limits using the same benefit two years in a row with different cars? If there is any limitation, please give me the details.

[DoninGA]

There is nothing in the tax code or in the instructions for Form 8936 which would prevent you from claiming the EV Credit on the 2024 tax return even though you received an EV Credit on the 2023 tax return.  Providing that the vehicle that was purchased in 2024 is eligible for the credit.

[DawnC]

Depends on if the car is new or used.    The used clean vehicle credit can only be used once every 3 years.  

See IRS:

• Used Clean Vehicles and
• New Clean Vehicles