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Wednesday, August 17, 2022

IRS: You can still buy an EV or PHEV in 2022 and claim tax credit—only if it’s American-made

2023 Nissan LeafThe revamped EV tax credit that was ushered in Tuesday when President Biden signed the Inflation Reduction Act, dramatically and immediately cuts the number of eligible EV and plug-in hybrid models. It also leaves a lot of room for interpretation on whether buyers for the rest of the 2022 calendar year might be able to claim it at all. But with...

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