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Electric vehicle buyers who were left empty-handed on their promised $7,500 federal tax credit due to a bureaucratic hiccup ...
Some drivers who bought an electric vehicle in 2024 have received an unpleasant shock this tax season: The IRS has rejected their returns. The taxpayers had done nothing wrong. Dealerships ...
The US Internal Revenue Service has been dealing with a crisis of sorts regarding tax credits for electric vehicles, and it’s not even the agency’s fault. The IRS’s policy on clean vehicle tax credits ...
After some car owners were not able to claim the EV tax credit this spring, the IRS has created a fix, according to the trade group representing auto dealers. As NPR previously reported ...
The revamped $7,500 tax credit was supposed ... as you purchased or leased your electric ride, your dealer was supposed to use a new portal and register that car with the IRS.
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