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Income limits: There are income limits for both new and used EV tax credits. For new EVs, your AGI must be below $300,000 for married filing jointly, $225,000 for head of household and $150,000 ...
The IRS mileage reimbursement rate is a deduction you can take for using a vehicle for qualifying purposes. Find out if you qualify. Mileage Reimbursement Rate for 2025: What To Expect
The Infrastructure Investment and Jobs Act, signed into law in November 2021, allocates US$7.7 million for electric vehicle charging stations in Oregon. [4]As of May 2022, the state government recognizes seven "Alternative Fuel Corridors" along major highways, with charging stations located at least once every 50 miles (80 km); these highways are I-5, I-82, I-84, US-20, US-26, US-97, and US-101.
Used EVs and PHEVs sold for $25,000 or less are also eligible for a credit of 30 percent of the sale price (up to a maximum of $4000), provided these vehicles are two model years older than the ...
Currently the standard credit for a qualified alternative fuel vehicle is $4,000. Other than the Civic GX, a number of models produced after 2004 may qualify for tax credits. [13] Electric vehicles: Government tax credit programs are planned for electric and plug-in hybrid vehicles, but no specific models have yet been certified. [14]
The Belgian government established a personal income tax deduction of 30% of the purchase price including VAT of a new electric vehicle, up to €9,190. Plug-in hybrids are not eligible. [44] [45] [46] This tax incentive ended on December 31, 2012. [47]
The law authorizes the Oregon Department of Transportation (ODOT) to set up a mileage collection system for 5,000 volunteer motorists beginning July 1, 2015. [18] ODOT may assess a charge of 1.5 cents per mile for up to 5,000 volunteer cars and light commercial vehicles and issue a gas tax refund to those participants. [3]
This article was edited to clarify that the credit is also available for used electric vehicles. Electric vehicle (EV) owners could reap the benefits from the stunning deal on climate change and...