Desiree is single. Her modified adjusted gross income is $70,000. She purchased a previously-owned electric vehicle on January 15, 2023 for $20,000 from a dealer. The vehicle meets all the requirements for the Previously-Owned Clean Vehicle Credit. What is the maximum credit amount Desiree may qualify for on her 2023 tax return?

Answer rating: 100% (QA)

Desiree potentially qualifies for the maximum PreviouslyOwned Clean Vehicle Credit of 4000Heres why ... View the full answer