The EV tax credit was overhauled in 2022 with new rules ... To qualify, your household income (the “adjusted gross income” on line 11 of your tax return, IRS Form 1040) must be no more than ...

The federal $7,500 tax credit on purchasing electric vehicles has no doubt gotten many Americans to buy an EV they might not have considered it otherwise. But with that credit — and other EV ...

Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit ...

Two new studies say a Republican plan to repeal the credits could hobble a manufacturing boom in the Southeast and Midwest.

House Republican plans to save money by scrapping electric vehicle subsidies and car emissions rules may not add up.

Some dealers might not have reported EV sales correctly and now some buyers face tax headaches. Clean vehicle tax credit rules are complicated — and will not work for everyone. President Donald ...