The IRA restores the 30% tax credit for an EVSE and it's cost of installation up to a maximum credit of $1000 (businesses can claim a larger amount) Originally this credit ended last year but has now been extended for installations through 2022 and is retroactive from the beginning of the year. It also continues through December 31, 2032 but adds the restriction that the installation must be in a low income community or rural census tract.
For all tax related items consult with a tax advisor.
If not included on original tax return for year of installation, then do an amended return (Form 1040X) for that year.
For all tax related items consult with a tax advisor.
If not included on original tax return for year of installation, then do an amended return (Form 1040X) for that year.
