Do you own or are considering purchasing a Tesla? We’re going to cover some of the income tax deductions & other incentives that are available for this model.
Some states (like California) give you a $2,500 tax rebate. Other states, like Hawaii, give you access to the carpool lane and reduced costs on charging.
All of these and more, including tax credits for both Federal & State as well as mileage deduction credits will be outlined below.
Tesla Tax Credit
Tesla’s purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500. Really, though, it’s any electric vehicle, not just Tesla. If you’d like to look at all of the electric vehicles & plug-in hybrids that qualify for federal tax credits, just use this link. Continue Reading