Electric Suv 2024 Tax Rebate Qualified. Because of this rule tightening, only 19 evs and phevs still qualify for the $7,500 tax credit, which is down from 43 in calendar year 2023. The ev tax credit is a federal tax incentive for taxpayers looking to go green on the road.

Beginning in 2024, buyers can transfer clean vehicle credits to qualified sellers at the time of sale and use the credit. Here are the rules, income limit, qualifications and how to claim the credit in 2024.