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For each of the following independent situations, calculate the clean vehicle credit for the taxpayer, assuming the vehicle meets the critical minerals and battery components

image text in transcribed For each of the following independent situations, calculate the clean vehicle credit for the taxpayer, assuming the vehicle meets the critical minerals and battery components requirements. a. Jorge, single, has MAGI of $110,000. He purchased a new electric SUV from a dealer. The MSRP is $72,000. $ b. Sam and Jeremy, a married couple who file jointly, have MAGI of $240,000. They purchased a new electric car from a dealer. The MSRP is $62,000. Can Sam and Jeremy claim the clean vehicle credit? , because the MSRP is $55,000. c. Marion files as head-of-household and has MAGI of $160,000. She purchased an electric car from a dealer, with an MSRP of $52,000. The car had 8,200 miles on the odometer at the time of purchase. Can Marion claim the clean vehicle credit? , because this is car and the MSRP is above \$ For each of the following independent situations, calculate the clean vehicle credit for the taxpayer, assuming the vehicle meets the critical minerals and battery components requirements. a. Jorge, single, has MAGI of $110,000. He purchased a new electric SUV from a dealer. The MSRP is $72,000. $ b. Sam and Jeremy, a married couple who file jointly, have MAGI of $240,000. They purchased a new electric car from a dealer. The MSRP is $62,000. Can Sam and Jeremy claim the clean vehicle credit? , because the MSRP is $55,000. c. Marion files as head-of-household and has MAGI of $160,000. She purchased an electric car from a dealer, with an MSRP of $52,000. The car had 8,200 miles on the odometer at the time of purchase. Can Marion claim the clean vehicle credit? , because this is car and the MSRP is above \$

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