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The federal government recently changed the rules for getting tax credits from buying a new electric vehicle. Here’s what to know. Gabriel Nica / Shutterstock.com
If you’ve been thinking of buying a new hybrid or electric car, truck or van, you’ll be happy to see that the federal government has published updated rules for tax credits on electric vehicles. Under those rules, you could be eligible for a tax credit of up to $7,500. Following are the basics for getting the credit, then the vehicles eligible for the maximum amount.