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EV buyers may get an instant rebate for car purchases starting in 2024

October 6, 2023Comments Off on EV buyers may get an instant rebate for car purchases starting in 2024

Car dealers can give buyers an instant rebate for purchasing certain electric vehicles starting in January of 2024, according to new guidance released by the IRS. The memo says eligible vehicles may qualify for a tax credit of up to $7,500. However, the credit amount will depend on whether an…