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Thursday, June 20, 2013

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Plug-in electric cars and $7,500 US federal tax credit.

Written by Editorial Team |

Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. For vehicles acquired after 12/31/2009, the credit is equal to…

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