Do Teslas Qualify For Tax Credit

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Do Teslas Qualify For Tax Credit Today Tesla officially updated its list of vehicles eligible to the federal tax credit and confirmed that Model Y variants are all retaining access to the full tax credit

The IRS has now released its full list of electric vehicle models eligible for the new and updated 7 500 US federal tax credit If you bought a new qualified plug in electric vehicle EV between 2010 and 2022 you may be eligible for a new electric vehicle tax credit up to 7 500 under Internal Revenue Code Section 30D

Do Teslas Qualify For Tax Credit

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If you bought a new qualified plug in electric vehicle EV in 2022 or before you may be eligible for a clean vehicle tax credit up to 7 500 under Internal Revenue Code Section 30D For the first time in years some Teslas will qualify for a 7 500 federal tax credit for new electric vehicles But only some vehicles and only some buyers are eligible

Unfortunately the batteries in the standard range rear wheel drive Tesla Model 3 keep it from being eligible for the full 7500 tax credit On the other hand the Long Range AWD version has Fewer EV models qualify for the tax credit this year as requirements imposed by the government get stricter Some versions of the Tesla Model 3 for instance no longer qualify

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You may qualify for a clean vehicle tax credit up to 7 500 if you buy a new qualified plug in electric vehicle or fuel cell electric vehicle If you place in service a new plug in electric vehicle EV or fuel cell vehicle FCV in 2023 or after you may qualify for a clean vehicle tax credit The tax credit for EVs provides up to 7 500 toward a purchase of a qualifying Tesla Rivian or other plug in car

Tesla drivers can get tax credits for the Model 3 Model Y and other electric cars See all the EVs eligible for IRS breaks The federal EV tax credit applies to Teslas in 2024 including the Model 3 Model Y and Model X But only specific models qualify

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Today Tesla officially updated its list of vehicles eligible to the federal tax credit and confirmed that Model Y variants are all retaining access to the full tax credit

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Here Are The Tesla Models Eligible For 7 500 US Federal Tax Credit

https://electrek.co/2022/12/29/tesla-models...
The IRS has now released its full list of electric vehicle models eligible for the new and updated 7 500 US federal tax credit


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Do Teslas Qualify For Tax Credit - Update January 2nd 3 26PM ET Updated to clarify that the base model version of the Tesla Model 3 is no longer eligible for the tax credit and to include information about leased EVs and