Tag: Form 8936
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CLEAN CAR CREDIT: Up to $4,000 Tax Credit for Used Electric Vehicles
Americans who have purchased qualifying used electric cars may be eligible to receive a tax credit known as the Clean Car Credit, offering up to $4,000 in benefits. This tax credit, introduced as of January 1, 2023, aims to incentivize the adoption of environmentally friendly vehicles while providing financial relief to eligible buyers. Eligibility Criteria…