EV Tax Credit carry forwarf

[Bipin1948]

I purchased a Tesla in 2023.  My Fed Tax liability is $4K.  Can I take the unused $3.5K credit for 2024?

If NOT, can I still withdraw $ from IRA account before April and create more tax liability? I am 75 yrs old.

[Mike9241]

Q7. Is the New Clean Vehicle Credit refundable or able to be carried forward? (updated Oct. 6, 2023)
A7. The New Clean Vehicle Credit may be claimed only to the extent of reported tax due of the taxpayer and cannot be refunded. The New Clean Vehicle Credit cannot be carried forward to the extent it is claimed for personal use on Form 1040, Schedule 3, Additional Credits and Payments. However, the New Clean Vehicle Credit can be carried forward to the extent it is claimed for business use on Form 3800, General Business Credit, as otherwise appropriate. See Topic H FAQ 3 regarding transfer of the Clean Vehicle Credits.

sorry a 2024 IRA distribution is taxable in the year withdrawn.