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tcb12470
New Member

Does a hybrid vehicle qualify for the "energy-efficient vehicle" tax break?

I purchased a hybrid vehicle in 2024. would this vehicle qualify for the "energy efficient vehicle" tax break in 2024?
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JohnB5677
Expert Alumni

Does a hybrid vehicle qualify for the "energy-efficient vehicle" tax break?

Yes, plug-in hybrid vehicles do qualify for federal tax credits for up to $7,500.

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Does a hybrid vehicle qualify for the "energy-efficient vehicle" tax break?

Depends on the manufacturer and the vehicle.

 

Go to this website for vehicle eligible for the EV credit - https://fueleconomy.gov/feg/taxused.shtml

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