Deductions & credits

Thanks for your prompt response! Understood that EV tax credit is non refundable... 

 

My question however is trying to confirm the different point that indeed "no max per year or per lifetime limitation" of how many new EV tax credits one can take. So, since "each new car comes with it's own credit", as long as one has enough tax liability to offest the totak credit, one can take more than one per year... Correct? 

 

Thanks again.