Income Limits For Electric Vehicle Rebate. Anyone considering a used electric car under $25,000 could obtain up to a $4,000 tax credit, subject to income and other limits. The new climate law also added income limits for the tax credit:
Tax credits up to $7,500 are available for eligible new electric vehicles and up to $4,000 for eligible used electric vehicles. Save money with incentives for buying a zev.
Small Neighborhood Electric Vehicles Do Not Qualify For This Credit, But They May Qualify For Another Credit.
The clean vehicle tax credit extends to used electric vehicles from model year 2022 or earlier.
Anyone Considering A Used Electric Car Under $25,000 Could Obtain Up To A $4,000 Tax Credit, Subject To Income And Other Limits.
Department of the treasury and internal revenue.
A Maximum Of $300,000 For A Household, $150,000 For An.
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Among the limitations for a car to be eligible for the tax credit would be its price โ.
In Total, Imhzev Will Cover Up To $200,000 Per Vehicle, And Is Allowed To Be Combined With The Provincial And Territorial Incentives Listed Below.
Small neighborhood electric vehicles do not qualify for this credit, but they may qualify for another credit.
It Is Worth 30% Of The Sales Price, Up To A Maximum Credit Of.