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Get your taxes done using TurboTax
Are you asking about the federal tax credit? The federal EV tax credit, worth up to $7,500.
The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.
Credits for new clean vehicles purchased in 2023 or after
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‎February 26, 2024
2:06 PM