The federal clean vehicle tax credit was set to expire at the end of 2032, but the mega-tax bill signed into law in July pushed that expiration deadline up to Sept. 30
Not everyone will qualify for the EV tax credit, including those who make too much money.
Paperwork is key for those who buy before the Sept. 30 expiration date of the EV tax credit.
Anyone who is even remotely considering getting a new car cannot help but notice that the Sept. 30 deadline for snagging a tax credit of up to $7,500 on a qualifying, new electric vehicle is right around the corner.
The deadline is everywhere you look, including auto websites and ads. Some dealers are running banner headlines on their sites proclaiming: "Plug in before it powers down."
But here's a new twist: It's possible that you mi