@FredTax22 also , if passed, the law puts an income cap on who is eligible for the credit.
if your AGI exceeds the following for either the current tax year or the prior tax year, you would not be eligible for the credit (technically it is a MAGI requirement but AGI is going to work for most all):
$150k - filing single
$225k - filing HOH
$300K - filing joint
I am assuming this would begin in 2023, so purchasing a qualified EV in 2023 would require your 2022 and 2023 AGI to be below these numbers to be eligible for the credit.
There appears to be a lot to sort out with the EV credits going forward.
