Is there a tax credit for purchasing a hybrid vehicle during 2022? My client purchased a hybrid vehicle during 2022 and was told they could claim a credit on their tax return for 2022.
I "think" plug in hybrids still qualify, see form 8936, you may have to drag out the instructions.
(I confess to stealing this...)
Gosh, if only the IRS would provide some guidance on the regulations that apply:
https://www.irs.gov/credits-deductions/credits-for-new-electric-vehicles-purchased-in-2022-or-before
A hybrid is a combo of gas and electric. They don't qualify. Do you use Pub 17 as a reference tool? If not, you should. You would get quicker answers.
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