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Can You Get A Tax Credit For Tesla
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If you are considering buying an electric car in 2024 there s good news and bad news A hefty federal tax credit for electric vehicles is going to get easier to access this year but fewer
Customers are limited to two time of sale tax credits per year Tax Credit for Each Vehicle Model 3 Performance 7 500 Model X Dual Motor 7 500 2024 Model Y Rear Wheel Drive 7 500 Model Y Long Range 7 500 Model Y Performance 7 500 AGI Limitations 300 000 for married couples filing jointly 225 000 for heads of households
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Only vehicles that cost less than 55 000 or less than 80 000 for trucks and SUVs can get a tax credit That may sound generous but electric vehicles are pricey
Tesla s website now claims every new Model 3 is eligible for the full 7 500 federal tax credit in the United States after those credits were previously cut in half on April 18th
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All new Tesla Model 3 vehicles will now qualify for the full 7 500 federal EV tax credit according to a change in Tesla s website and updated information by the U S government The EV tax
Under the new tax credit program part of the Inflation Reduction Act sedans have to be priced under 55 000 and SUVs under 80 000 so Tesla s larger and more expensive vehicles the Model S
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https://www.tesla.com/support/incentives
Customers are limited to two time of sale tax credits per year Tax Credit for Each Vehicle Model 3 Performance 7 500 Model X Dual Motor 7 500 2024 Model Y Rear Wheel Drive 7 500 Model Y Long Range 7 500 Model Y Performance 7 500 AGI Limitations 300 000 for married couples filing jointly 225 000 for heads of households
https://electrek.co/2022/12/29/tesla-models...
134 Comments The IRS has now released its full list of electric vehicle models eligible for the new and updated 7 500 US federal tax credit Here s the list of Tesla models eligible The new
Customers are limited to two time of sale tax credits per year Tax Credit for Each Vehicle Model 3 Performance 7 500 Model X Dual Motor 7 500 2024 Model Y Rear Wheel Drive 7 500 Model Y Long Range 7 500 Model Y Performance 7 500 AGI Limitations 300 000 for married couples filing jointly 225 000 for heads of households
134 Comments The IRS has now released its full list of electric vehicle models eligible for the new and updated 7 500 US federal tax credit Here s the list of Tesla models eligible The new
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