Federal Tesla Tax Credit 2024. To claim a federal tax break on your favorite qualifying electric vehicle in 2023 or 2024, your modified adjusted gross income (agi) must not exceed $150,000 (single),. As of today, all versions of the tesla model 3 and tesla model y qualify for the $7,500 federal tax credit under the inflation reduction act of 2022 (ira).
Tesla notified customers that the $7,500 federal tax credit for electric vehicle purchases will be cut in half for two of its popular models starting in 2024. This tax credit has an income cap too:
Known For Its Impressive Acceleration And Range, The Model 3.
If you buy a used electric vehicle โ model year 2021 or earlier โyou can get up to $4,000 back as a tax credit.
Chevrolet Blazer Ev โ $60,215;
Starting in january, ev buyers won’t have to wait until the following year’s tax season to claim โ and pocket โ the clean.
Tesla Model X โ $79,990;
Images References :
Chevrolet Blazer Ev โ $60,215;
Hereโs the list of tesla models eligible.
As Of Now, The Following Tesla Models Qualify For The Federal Tax Credit:
Teslaโs website invites customers to buy a car before the end of the year, since tax credit reductions are โlikely for certain vehicles in 2024.โ
To Claim A Federal Tax Break On Your Favorite Qualifying Electric Vehicle In 2023 Or 2024, Your Modified Adjusted Gross Income (Agi) Must Not Exceed $150,000 (Single),.