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IRS Electric Vehicle Federal Tax Credit Liability
If I make $100,000 gross income in 2022, filing single, and live and work in NJ, how much federal tax liability would I have using the standard deduction? I want to know if I can claim two $7500 tax credits within the same year (using the old credits pre-IRA).
Will I have $15,000 in federal tax liability?
‎August 24, 2022
7:47 AM