Now Congress has added back a handful of other tax credits related to electric cars and greener transportation in the $400 billion budget bill it passed in the wee hours of Friday morning, quickly signed by the president.
The 652-page Bipartisan Budget Act of 2018 (HR 1892) restores a tax credit for installation of alternative-vehicle fueling property that had expired at the end of 2016.
Taxpayers who purchased or installed a home charging station for electric cars during 2017 will find the forms and rules for individual returns here.
- Why don’t electric cars look like the future? (thenextweb.com)
- CES 2018: two electric cars unveiled with more than double the mileage capacity (telegraph.co.uk)
- Jaguar will unveil its all-electric Tesla rival in March – and it looks awesome (businessinsider.com)