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Fewer Clean Vehicles Qualify For Federal Tax Credit In 2024 | TaxConnections Fewer Clean Vehicles Qualify For Federal Tax Credit In 2024
Fewer Clean Vehicles Qualify For Federal Tax Credit In 2024The §30D Clean Vehicle Credit that was greatly modified for 2023 through 2032 by the Inflation Reduction Act of 2022 has increasingly strict qualifications each year. Per the IRS and Dept. of Energy list of qualifying vehicles, there is a drop for 2024. For clean vehicles purchased from April 18, 2023 through December 31, 2023, 27 vehicles qualified an