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July 22, 2024
Solved

Claimed EV tax credit in 2022 for a new car I bought . Can I claim once again if I buy another car this year ?

  • July 22, 2024
  • 1 reply
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    Best answer by TomD8

    If it's a new EV, yes.  The new EV credit may be taken once per vehicle.

     

    If it's a used EV, no.  The used EV credit may be taken only once every three years.

    1 reply

    TomD8Answer
    Employee
    July 22, 2024

    If it's a new EV, yes.  The new EV credit may be taken once per vehicle.

     

    If it's a used EV, no.  The used EV credit may be taken only once every three years.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.