Super Electric Car Company sold its 200,000th EV in July 2020. So, a Super Electric car purchased before January 1, 2021, was eligible for 100% of the Qualified Plug-in Electric Drive Motor Vehicle Credit. However, a Super Electric car purchased after December 31, 2020, and before July 1, 2021 (the second calendar quarter) was eligible for what percentage of the credit?

Answer rating: 100% (QA)

The Qualified Plugin Electric Drive Motor Vehicle Credit Section 30D of the US tax code underwent a ... View the full answer