Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit for ...
PHOENIX (AZFamily) — Thomas Burns bought a used Tesla last year, expecting a $4,000 used clean vehicle tax credit. When he tried to submit his tax return, he realized he had a problem. “My taxes got ...
Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...
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