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Credits For New Clean Vehicles Purchased in 2023 or After
February 20, 2023
By Peter Demian
Table of Contents
You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.
The credit is available to individuals and their businesses.
To read the full article, click here.
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Peter Demian
CPA — Founder & Principal of Demian & Company, LLC
Peter Demian is a highly-rated CPA specializing in accounting and tax services for individuals and businesses across 49 states. He offers expertise in tax strategies and assistance with IRS settlements.
November 14, 2025
