topic Can I claim electric vehicle tax credit if I am not coming under the max AGI cap limit in year 2023 but was under the max AGI cap limit in year 2022? in Get your taxes done using TurboTax

Can I claim electric vehicle tax credit if I am not coming under the max AGI cap limit in year 2023 but was under the max AGI cap limit in year 2022?

himadhavan — Tue, 24 Feb 2026 08:26:03 GMT

I am planning to purchase a Tesla before Dec 31 2023 if I am still eligible for ev tax credit 7500 based on my year 2022 income eligibility. Can someone share the experience?

Re: Can I claim electric vehicle tax credit if I am not coming under the max AGI cap limit in year 2023 but was under the max AGI cap limit in year 2022?

Mike9241 — Sun, 10 Dec 2023 05:25:35 GMT

You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. If your modified AGI is below the threshold in 1 of the two years, you can claim the credit.

Re: Can I claim electric vehicle tax credit if I am not coming under the max AGI cap limit in year 2023 but was under the max AGI cap limit in year 2022?

Affordabletaxes2021 — Sun, 10 Dec 2023 14:26:01 GMT

You want to make sure your tax liability is at least 7500 to obtain the credit .