EV Tax Credits – 1040 Tax Credit

Clean Electric Vehicle Tax Credit

Extending tax credits for electric vehicles made it into the Inflation Reduction Act of 2022. The Clean Electric Vehicle Tax Credit is a federal tax incentive program that was created to encourage the purchase of US manufactured electric vehicles. This program offers up to $7,500 for the purchase of a new EV from companies like Tesla, […]

Alternative Fuel Refueling Property Credit

EV Tax Credits, Green Tax Credits, Inflation Reduction Act / Editor

Alternative Fuel Refueling Property Credit expired at the close of 2021, but the Inflation Reduction Act gave it life again by extending its application from 2023 through 2032. Basically, this gives homeowners a tax credit on the cost of the installation of an EV charging station. How most homeowners may use the “qualified alternative fuel vehicle

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