rebate on ev car

[kidbilly24]

i live in Massachusetts and purchased a ev car in 2019 and got a rebate. if i buy a in ev can i get and rebate? 

[shirleyh88]

Hello kidbilly24,

Thank you for your question. I am happy to assist you.

If you purchase and place in service a new plug-in Electric Vehicle (EV) in 2023 or after, you may qualify for a vehicle tax credit up to $7,500 under Internal Revenue Code Section 30D. This credit is available to individuals and their businesses.

The criteria include the following:

1. The EV must be for your own use, and not for resale.
2. It must be used in the U.S.
3. Your modified adjusted gross income (AGI) may not be higher than:
4. $300,000 for married couples who file jointly.
5. $225,000 for heads of households.
6. $150,000 for all other tax filers.

I have attached a link to the IRS website for your reference:

https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

Please let me know if this answers your questions, or if I can be of further assistance.

Thank you!

Shirleyh88