2024 EV Tax Credit Update: Claim Credit at the time of purchase. Even for Teslas!
The Average EV The Average EV
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 Published On Dec 26, 2023

#evs #id4 #volkswagen #2024 #2024ev #tesla #ira #cleanvehicletaxcredit #evtaxcredit #taxcredit #ford #gm #chevy #rivian #nissan

In this video I give a thorough explanation of the Clean Vehicle Tax Credit, including all of the updates for 2024 and beyond. I also review the new Point of Sale option for the EV Tax Credit!

General Info: https://www.irs.gov/credits-deduction...

Info about IRS rules for POS: https://www.irs.gov/newsroom/topic-h-...

Eligible Video: https://fueleconomy.gov/feg/tax2023.s...

Chapters:
00:00 Intro
02:34 Tax Payer Eligibility
03:08 Credit Amount
04:22 Qualified Vehicles
05:19 Tax Liability Explained
08:36 Nonrefundable Credits Explained
12:48 Point of Sale Credit Explained
17:32 Used Clean Vehicle (EV) Credit
19:34 Wrap-Up
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