EV Tax Credit Update: How to get $7,500 off an Electric Vehicle in 2024

EV Tax Credit explained in-depth. How to get the new EV Tax Credit from the Inflation Reduction Act signed by President Joe Biden.

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0:00 - Intro
0:21 - New EV Tax Credit vs Old EV Tax Credit
3:13 - Electric Vehicles that don't qualify in 2022
3:38 - Electric Vehicles that qualify in 2022
4:20 - Electric Vehicles that qualify in 2023
5:51 - Transition Loophole
7:18 - Electric Vehicles that don't qualify in 2023
8:47 - How the EV Tax Credit Works

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).