Consumer and Finances
If You Bought an Electric Vehicle Last Year, You May Be Eligible for a Federal Tax Credit, AAA Says
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With Tax Day just a few weeks away, AAA Northeast reminds drivers who bought an electric vehicle last year, they may be eligible for a credit on their federal tax return. — an announcement from the AAA Northeast
In 2022, according to the EValuateCT dashboard, more than 12,000 electric vehicles were newly registered in the Nutmeg State. The dashboard provides insights into the current state of vehicle electrification in Connecticut. Generally, consumers who purchased a new battery electric vehicle or plug-in hybrid in 2022 are eligible for a nonrefundable tax credit up to $7,500 if the car wasn’t a Tesla or General Motors vehicle. If they purchased an EV on or after Aug.