It must be an eligible fuel cell vehicle or plug-in electric vehicle with a battery capacity of least 7 kilowatt hours.It must have a gross vehicle weight rating of less than 14,000 pounds.It must be for use primarily in the United States.It must not have already been transferred after August 16, 2022, to a qualified buyer.For example, a vehicle purchased in 2023 must be a model year of 2021 or older. It must have a model year at least two years earlier than the calendar year when you buy it.It must have a sale price of $25,000 or less.Note that fuel cell vehicles do not need to be made by a qualified manufacturer to be eligible. It must be made by a qualified manufacturer.To qualify, a vehicle must meet all of these requirements: Any amount excluded from gross income because it was received from sources in Puerto Rico or American Samoa.Any amount on line 45 or line 50 of Form 2555, Foreign Earned Income.Your modified AGI is the amount from line 11 of your Form 1040 plus: If your income is below the threshold for one of the two years, you can claim the credit. You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. $150,000 for married filing jointly or a surviving spouse.In addition, your modified adjusted gross income (AGI) may not exceed: Not have claimed another used clean vehicle credit in the three years before the purchase date.Not be able to be claimed as a dependent on another person’s tax return.

Be an individual who bought the vehicle for use and not for resale.You may qualify for a credit if you buy a previously owned, qualified plug-in electric vehicle (PEV)-PEVs include plug-in hybrids and all-electric vehicles-or fuel cell vehicle (FCV), including cars and light trucks, under Internal Revenue Code Section 25E. A quick guide to the different kinds of hybrids and electric vehicles.

Plug in hybrid cars used