Deductions & credits

bought in what year.

here are the rules for 2023

besides the AGI limits you need a tax liability - generally the same as line 22 on the 2022 return of at least $7500 on the joint 2023 return 

 

see this link at the bottom of the page to see if the vehicle qualifies.

https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after 

 

 

if you buy a qualifying vehicle in 2024, the dealership may offer an advance of the credit which would be applied to the purchase price/financing. I have seen conflicting info on what happens if you don't qualify when you go to file the 2024 return.