If you’re in the market for an electric vehicle (EV) or a fuel cell vehicle (FCV), there may be good news. As of Jan. 1, 2023, qualified used EVs and FCVs purchased from a licensed dealer for $25,000 or less may be eligible for a used clean vehicle credit. The maximum credit is $4,000 and is nonrefundable. You must not be the original owner and you must purchase the car for use, not resale. You also can’t be claimed as a dependent on someone else’s tax return. And you can’t have claimed another used clean vehicle credit in the three years before the purchase date of this vehicle. Income limits apply. To learn more, including which vehicles qualify: http://bit.ly/3lXqLZB
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