I’m considering purchasing a Kia Niro and am curious about the potential tax benefits. Does the Kia Niro qualify for any federal or state tax credits? If so, what are the eligibility requirements and the amount of the credit?
Yes, EVs or FCVs bought from 2023 until 2032 qualify for tax credits. I don’t think it is about the date of manufacture, rather it is all about the date of purchase.
The Kia Niro qualifies for a federal tax credit if it’s a plug-in hybrid model. Check the IRS website for the latest credit amount and eligibility requirements, as they can vary based on your state.