It 241 2023-2024 Form

Instructions and help about Form IT 241 Claim For Clean Heating Fuel Credit Tax Year

earlier in 2023 I produced a video describing the new clean vehicle credit that was replacing the former plug-in electric vehicle credit however as of the publication of this video the IRS has not yet released a draft version of this form later in 2023 expect a follow-up video on how to fill out the form and claim the credit the IRS has since released a draft version of form 8936 now entitled clean vehicle credits the final version is expected to be similar so now now I can tell you how to fill out the form and claim the credit I'm the tax geek and here is claiming the clean vehicle credit [Music] oversimplified a link to the original video describing the credit can be found in a card above or in the video description however here is a brief description of the credit the clean vehicle credit is a non-refundable tax credit of up to $7,500 for purchasing a new electric vehicle and up to $4,000 for purchasing a used one to be able to claim the credit for the purchase of a new vehicle the