FuelEconomy.gov can help consumers cash in on new federal tax credits for clean vehicle purchases
The Inflation Reduction Act (IRA) provides new opportunities for consumers to save money on clean vehicles. FuelEconomy.gov has developed a new tool through the FuelEconomy.gov’s Tax Center to help consumers shop for clean vehicles eligible for these tax credits and help car buyers navigate the requirements. The website provides a simple calculator to help buyers determine the credit for pre-owned vehicles, provides information on claiming each of the credits, and answers frequently asked consumer questions.
Visit the FuelEconomy.gov Tax Incentives page at https://fueleconomy.gov/feg/taxcenter.shtml.
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