Remove colorado newsletter
article thumbnail

What are the different electric vehicle tax credits??

ThomsonReuters

To illustrate how electric vehicle tax credits work, let’s take a closer look at Colorado’s clean vehicle tax incentive program. Colorado taxpayers are eligible for a state tax credit of $5,000 for the purchase or lease of a new EV on or after July 1, 2023, with a manufacturer’s suggested retail price (MSRP) up to $80,000.