New Mexico Hybrid Car Tax Credit Under the bill from 2024 through Jan 1 2026 taxpayers could claim an income tax credit of 3 000 for a new electric vehicle 2 000 for a plug in hybrid electric
The bill also creates a new income tax credit proposed by the governor for New Mexicans who purchase electric or plug in electric hybrid vehicles beginning this 225 000 for heads of households 150 000 for all other filers No Yes Calculate What EV Incentives Are Available in New Mexico New Mexico has no direct
New Mexico Hybrid Car Tax Credit
New Mexico Hybrid Car Tax Credit
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By MORGAN LEE Updated 11 40 AM PDT February 6 2020 SANTA FE N M AP New Mexico would provide an income tax credit of up to 5 000 to offset Nov 7 2023 at 12 15 a m SANTA FE N M AP The administration of New Mexico Gov Michelle Lujan Grisham used a legislative hearing Monday to outline new priorities
For pre owned EVs plug in hybrid and fuel cell EVs the federal tax credit is 30 of the sale price with a maximum credit of 4 000 That s a nonrefundable credit Published November 7 2023 at 10 12 AM MST SANTA FE N M AP The administration of New Mexico Gov Michelle Lujan Grisham is outlining new priorities for
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Published November 7 2023 at 11 35 AM MST SANTA FE N M AP The administration of New Mexico Gov Michelle Lujan Grisham used a legislative hearing Oct 17 Reuters New Mexico Governor Michelle Lujan Grisham on Tuesday said she will pursue electric vehicle EV tax credits and directed the state to
Electric Vehicles Buying an EV Incentives in New Mexico Up to 7 500 Federal Tax Credit Tax credit for the purchase of a new plug in hybrid or all electric vehicle Credit House Bill 412 sponsored by a handful of Democratic legislators would provide a tax credit to help make electric vehicles affordable for New Mexicans The bill
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https://www.governor.state.nm.us/2024/01/23/clean...
Under the bill from 2024 through Jan 1 2026 taxpayers could claim an income tax credit of 3 000 for a new electric vehicle 2 000 for a plug in hybrid electric
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The bill also creates a new income tax credit proposed by the governor for New Mexicans who purchase electric or plug in electric hybrid vehicles beginning this
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New Mexico Hybrid Car Tax Credit - New Mexico residents will want to take full advantage of the federal electric car tax incentives of up to 7 500 on new vehicles and up to 4 000 on used vehicles