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Deductions & credits
NO!
on the used EV's, it's only one every three years!
Q4. Who is eligible to claim the previously-owned clean vehicle credit? (updated February 3, 2023)
A4. Only individuals who meet the following requirements can claim the previously-owned clean vehicle credit:
- The taxpayer purchases the vehicle for use and not for resale.
- The taxpayer cannot be claimed as a dependent on another taxpayer's tax return.
- The taxpayer has not been allowed another previously-owned clean vehicle credit in the three-year period prior to the date the previously-owned clean vehicle is purchased.
- The taxpayer's income level cannot exceed certain thresholds. (see Topic E FAQ 1)
August 24, 2023
8:46 PM