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Feb 4, 2023
6:10
:34
pm
Tare
All-American
How long do I need to own an EV to claim the full tax credit?
Let’s say a friend needed to offset a large tax bill. If he purchased an EV and then sold it could he claim the full $7500 credit?
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Tare
Previous username
Texas Hold'em
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Tare
Joined
Aug 8, 2002
Last login
May 20, 2024
Total posts
20,216 (556 FO)
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Messages
Author
Time
How long do I need to own an EV to claim the full tax credit?
Tare
2/4/23 6:10pm
I think it has to stay with the original buyer, but I could be wrong.
garyfan
2/4/23 6:11pm
Believe there’s no amount if time. But can’t claim it more than once in 3 years
IGlowInTheDark
2/4/23 6:12pm
An EV purchased for resale is not eligible for the credit
dratax
2/4/23 6:42pm
So I can never sell the EV if I claim the credit?
Tare
2/4/23 7:08pm
You can. Basically you can't have purchased it with the intention of reselling it
krindorr
2/4/23 7:14pm
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