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Qualified plug-in electric drive vehicle credit

This credit incentivizes taxpayers to purchase qualified plug-in electric vehicles, offering a tax break when you purchase an eligible vehicle and start driving it in 2017. It can be either for personal or business use. Learn more about this credit here.

The credit for qualified two-wheeled plug-in electric vehicles was extended to cover vehicles acquired in 2017. The credit for these vehicles is scheduled to expire for vehicles acquired after 2017.

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