DWQA QuestionsCategory: Incentivesdoes the $7,500 federal tax credit apply to hybrid cars, or EVs only?
Tim Kastens asked 1 month ago
1 Answers
EZEV Advisor answered 3 weeks ago

Hi Tim! Yes, the $7,500 federal tax credit does apply to hybrid cars, but the amount is dependent on the size of the battery in the hybrid car. Currently, $417 will be given per kilowatt hour. Details can be read here: https://www.irs.gov/businesses/plug-in-electric-vehicle-credit-irc-30-and-irc-30d This advice does not represent legal or tax advice and it is wise to consult your tax adviser to see how you qualify. Hope this helped!

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