January 17th, 2023
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Blog
If It Looks Like an SUV and Drives Like an SUV… It is an SUV (And Should Get the EV Tax Credit)
By John Bozzella
I’m getting asked about the newest Treasury Department guidance for the $7,500 electric vehicle tax credit in the Inflation Reduction Act.
This one relates to how the IRS classifies an EV (pickup truck, van or SUV) for purposes of th…