Tax credits for electric vehicles are coming. How will they work?

Upworthy

26 Dec 2022 0 shares 1 views

Tax credits for electric vehicles are coming. How will they work?

Tax credits for electric vehicles are coming. How will they work?

Upworthy

Published 26 Dec 2022

Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions. READ MORE: Over a dozen states grapple with adopting…

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