IRS fixes EV tax credit glitch for 2024 as dealerships tackle portal problems
The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last ...
Some EV tax credits risk being rejected by IRS on 2024 returns for long list of reasons
The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...
Yahoo Finance5d
Some EV tax credits risk being rejected by IRS on 2024 returns for long list of reasons
"Not for tax law. It doesn't work," Mader said. The credits can be up to $7,500 for eligible new EVs and up to $4,000 for eligible used electric vehicles. For vehicles placed in service April 18 ...
USA Today4d
Car buyers who had trouble with EV tax credits could get help from new fix
The credits can be up to $7,500 for eligible new EVs and up to $4,000 for eligible used electric vehicles. For vehicles placed in service April 18, 2023, and after, for example, you'd receive up ...
Overdrive13h
‘No-brainer’ bill would create $7,500 trucker tax credit | OEMs issue recalls of 2K trucks, various models
Class A CDL holders who drive at least 1,900 hours in the year would be eligible for the temporary tax credit. Also: March ...