Question
Which taxpayer Is eligible for the Clean Vehicle Credit, assuming all other requirements are met, including having a modified adjusted gross income (MAGI) under the
Which taxpayer Is eligible for the Clean Vehicle Credit, assuming all other requirements are met, including having a modified adjusted gross income (MAGI) under the limit?
O In April 2023, John purchased an electric vehicle with an 8-kilowatt battery after finding the vehicle advertised in Auto Buy magazine. The person he bought it from is not a dealer.
Karl, who purchased an new electric vehicle from a dealer in March 2023. The vehicle has an 8-Kilowatt battery, meets all manufacturer requirements, and had a suggested retail price of $35,000.
O Lawrence, who purchased an electric vehicle in December 2022 from a dealer. This vehicle meets the assembly and battery capacity requirements and had a suggested retail price of $87,000.
O Margaret, who purchased a hybrid vehicle, which charges is battery from its gasoline engine, from a dealer in January 2023. The vehicle had final assembly in North America and had a suggested retail price of $48,000.
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