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May 22, 2024
Question

Business ev tax credit

  • May 22, 2024
  • 1 reply
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Does the Commercial Clean energy vehicle credit apply to used EV's or is it only for new vehicles?

1 reply

May 22, 2024

Welcome to the Event, Dschopp!

For businesses and corporations, the electric vehicle needs to be new. If this is a purchase for you as an individual, it can be used. See these links for more information, guidelines and qualifications:

https://afdc.energy.gov/laws/13039

 

https://www.irs.gov/credits-deductions/used-clean-vehicle-credit#:~:text=Beginning%20January%201%2C%202023%2C%20if,used%20clean%20vehicle%20tax%20credit.