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huongkeri
New Member

I can't claim EV tax credit for a car I bought in 2023. But IRS says You can use your modified AGI from the year you take delivery of the vehicle or the year before

When I put  'data acquired' and 'date placed in Service'  of 1/19/2023 it says " The Date Placed in Service must be in 2022 and no earlier than the Date Acquired. You can remove this vehicle if it was not placed in service in 2022."
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2 Replies
MinhT1
Employee Tax Expert

I can't claim EV tax credit for a car I bought in 2023. But IRS says You can use your modified AGI from the year you take delivery of the vehicle or the year before

If you bought the EV in 2023, then the clean vehicle credit can only be claimed on your 2023 tax return (to be filed next year).

 

The tax law allows you to use your MAGI for 2022 or 2023 to determine if you qualify, but the credit can only be claimed in 2023.

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huongkeri
New Member

I can't claim EV tax credit for a car I bought in 2023. But IRS says You can use your modified AGI from the year you take delivery of the vehicle or the year before

That makes sense. Thank you!!

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