Esther M
Employee Tax Expert

Get your taxes done using TurboTax

Prior to the Inflation Reduction Act a tax credit was available for electric charging stations put in place by businesses and main homes prior to January 1, 2022. The new law extends the credit for charging stations put in service before January 1, 2033. The new law extends the time, the credit is the smaller of 30% of the property’s cost or $1,000. So you're covered! 

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