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tax deduction for a car donation

The $7,500 EV Tax Credit Isn’t As Easy As You Might Think

By Tyler ManningSeptember 27, 2022
The $7,500 EV Tax Credit Isn’t As Easy As You Might Think

Electric vehicle enthusiasts are excited about the recent climate and health care bill President Biden recently signed into law. At first glance, it looks like an amazing incentive for drivers shopping for an EV. Brand new EVs could earn a $7,500 tax credit, while a used EV would be eligible for a $4,000 tax credit. …

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Tags: $7 500 tax credit ev tax credit tax deduction for a car donation

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