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I bought a Tesla in late December 2022. Am I qualified for the Plug-in Electric Drive Motor Vehicle Credit for 2023 tax?

 
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KrisD15
Expert Alumni

I bought a Tesla in late December 2022. Am I qualified for the Plug-in Electric Drive Motor Vehicle Credit for 2023 tax?

No, not if you also took delivery in 2022. 

If purchased and placed in service in 2022, the credit needs to be claimed on your 2022 tax return. 

 

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I bought a Tesla in late December 2022. Am I qualified for the Plug-in Electric Drive Motor Vehicle Credit for 2023 tax?

Okay. Thanks for the answer!

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