Joshua purchased a qualified plug-in electric motor vehicle on June 2, 2022. He qualifies for the Qualified Plug-in Electric Drive Motor Vehicle Credit. Joshua may qualify for a credit of what amount? 

10% of the purchase price of the vehicle. 

$8,000 per qualifying vehicle. 

The credit ranges from $2,500 to $7,500, depending on battery capacity and other factors. 

The credit ranges from $2,500 to $7,500, depending on the purchase price of the vehicle.

Answer rating: 100% (QA)

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