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Access to the Clean Vehicle Tax Credit continues to improve

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Charging of an electric car

The Clean Vehicle Tax Credit provides up to $7,500 to reduce the sale price of an electric vehicle, and the availability of the incentive continues to improve as more EV models meet the complex eligibility requirements. A streamlined “cash-on-the-hood” filing procedure has also boosted the attractiveness of the incentive, allowing consumers to lower the sale price at the time the EV is purchased instead of making them wait until the following tax season to claim the credit.


Originally published at Peter Douglas

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