Ev Tax Credit: Starting Jan. 1, consumers can transfer the credits to a car dealer, effectively lowering the vehicle s purchase price, a change that may help boost EV sales. Under the guidance issued Friday, consumers will need to attest they meet income limits to qualify for the tax credit or they will need to repay the government when filing their taxes.
The United States Treasury Department released new proposed guidance on Friday for electric vehicle tax credits that will put money back in buyers' pockets instantly.
Good news! The EV tax credit can be applied at the point of sale for qualifying vehicles and eligible Americans starting next year. However, you should b.