Edmunds.com has prepared the following electric car tax credit guide.. The federal incentive is usually referred to as a flat $7,500 credit, but it's only worth .
The federal government and a number of states offer financial incentives, including tax credits, for lowering the up-front costs of plug-in electric vehicles (also known as electric cars or EVs). The federal Internal Revenue Service (IRS) tax credit is for $2,500 to $7,500 per new EV purchased for use in the U.S.
Battery electric and plug-in hybrid vehicles purchased in or after 2010 may be eligible for the US federal income tax credit of up to $7,500. The credit amount .
Under this program, the purchase of a new electric vehicle is eligibe for a tax credit worth $7,500 as long as it meets the following criteria: Purchased after .
Electric Vehicle: $3,750 income tax credit (subject to phase out schedule above). Solar: 30%. Electric Vehicle: $5,000 tax credit for purchase of a new vehicle
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