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Deductions & credits
Yes, the 2018 Ford Fusion hybrid qualifies for a tax credit, but only if you are the original owner.
See the Federal Tax Credits for New All-Electric and Plug-in Hybrid Vehicles for a list of qualified vehicle.
Used vehicles do not qualify for the Plug-In Electric Drive Vehicle Credit at the Federal level. The original use of the vehicle must commence with the taxpayer. See the following IRS link for additional details.
March 14, 2021
10:51 AM