What are the qualifications for the used EV tax credit?

There are both vehicle and personal eligibility qualifications to claim the EV tax credit.

You can check HERE to find out whether your vehicle make and model qualifies.  All vehicles must additionally:

• Have a maximum sale price of $25,000
• Have a model year at least two years prior to the current calendar year.  For example, 2022 is the highest model year eligible when applying the credit in 2024
• Not have been sold since August 16, 2022 to a retail buyer.  This means a dealer could have bought the vehicle in a wholesale transaction after that date but could not have sold it to another customer

There are various personal eligibility criteria you can find HERE, including:

• Be an individual who bought the vehicle for use and not for resale
• Not be the original owner
• Not be claimed as a dependent on another person’s tax return
• Not have claimed another used clean vehicle credit in the 3 years before the purchase date
• Have a maximum modified gross income of:
  • $150,000 for married filing jointly or a surviving spouse
  • $112,500 for heads of households
  • $75,000 for all other filers