qbteachmt
Level 15

I googled:

electric vehicle credit

 

Results include:

https://www.kiplinger.com/taxes/605081/ev-tax-credit-inflation-reduction-act-2022-changes

"for EVs placed into service after December 31, 2022, the Inflation Reduction Act extends the up to $7,500 EV tax credit for 10 years—until December 2032. The exact amount of the credit will be based on a calculation that considers factors like the vehicle’s sourcing and assembly."

"Another change is that if you’re buying a clean vehicle, you will have the option, beginning in 2024, to take the EV tax credit as a discount at the time you purchase the vehicle." (like solar)

"if you purchased an electric vehicle before the Inflation Reduction Act became effective (so before August 16, 2022), and that vehicle is otherwise eligible for the old EV tax credit, you can claim that credit under the rules that applied before the Inflation Reduction Act became law. That's true even if you don't take possession of the EV until after August 16, 2022. Also, the North American final assembly requirement doesn't apply before August 16, 2022."

 

"EVs Purchased and Delivered Between August 16, 2022 and December 31, 2022: If you purchase and take possession of your EV between August 16, 2022 and December 31, 2022, the rules for claiming the EV tax credit before the IRA became law, still apply, except that the final assembly requirement applies. So, you'll need to check to see if the EV you purchased meets the final assembly requirement in the Inflation Reduction Act (i.e., is eligible for the EV tax credit)."

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