Sponsored

EV Charging Station Tax Credit - 2023 Changes (low-income or non-urban locations only)

brewski

Well-known member
First Name
John
Joined
Sep 21, 2022
Threads
36
Messages
345
Reaction score
446
Location
GA
Vehicles
2023 F150L Platinum
Occupation
Yes
Exactly, but if he were lucky enough to take delivery prior to 1/1/23 then he could have gotten the credit.
This.
With the change in 2023 I was a double whammy tax credit loser...now triple whammy.
Sponsored

 

flyct

Well-known member
First Name
Jerry
Joined
Sep 28, 2023
Threads
36
Messages
845
Reaction score
985
Location
South Florida
Vehicles
2024 Ford Lightning Platinum 2024 F-450 Platinum & 2-2023 Tesla Model Ys
Occupation
Blissfully Retired
Of course every situation is different but I was able to claim the $15K for the two EV's since I had tax liability greater that 15K (1040 line 16). But I wasn't able to claim the ~$200 credit for charger infrastructure (installing my FCSP) due to the AMT clause mentioned above.
I fell into the same boat. I just submitted my return 2 days ago after I received investment 1099-DIV. I was able to claim the $15k for 2 EV purchases in 2023 but not the 30% credit for charger installation due to AMT clause so lost out on a $330 credit due to charger install. I still wouldn’t have qualified due to the Urban area provision. Another unexpected roadblock. Still I’ll take the $15k with a smile.
 
 







Top