Electric Vehicle Tax Rebate 2024. It has a budget of rs. The inflation reduction act allows a maximum credit of $7,500 per new clean vehicle, consisting of $3,750 in the case of a new vehicle that meets certain.
Effective this year, the changes may help steer more. The irs recently published new procedural rules in the treasury regulations that go into effect july 5, 2024, with revised credits that can save taxpayers up to $7,500.
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