U.S. Treasury details EV tax credit rebate rules
U.S. Treasury details EV tax credit rebate rules
Friday, October 6, 2023
WASHINGTON, Oct 6 (Reuters) - The U.S. Treasury Department on Friday issued new guidance on how a $7,500 electric vehicle tax credit can be used as a point-of-sale rebate starting in January.
Currently, consumers can only take advantage of the $7,500 new EV credit or $4,000 used EV credit when they file their tax returns the following year.
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