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Car buyers can get their EV tax credits up front at the dealership starting in January

Car buyers can get their EV tax credits up front at the dealership starting in January

Skip to main contentYou have permission to edit this article.EditHomeSearchNewsWeatherSportsVideoCommunityReport ItWatch LiveMore(CNN) — People shopping for electric vehicles starting next year will be able to get a $7,500 federal tax credit off the sticker price while at the dealership, rather than having to wait months to receive their tax returns.The changes to how car buyers can get the federal tax break on EVs — part of the Inflation Reduction Act — were announced by the Biden administration on Friday, and are being rolled out to car dealerships before they take effect starting January...

October 6, 2023
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