Question

Hybrid Auto Credit

Forum|Forum|1 year ago
March 9, 2025
1 reply
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I purchased a new Honda Accord hybrid car in 2024. Do I get any tax credit for it being more energy efficient?

The 2024 Honda Accord Hybrid doesn't generally qualify for the federal tax credit, which is generally reserved for new plug-in electric vehicle (EV) or fuel cell vehicle (FCV). However, some states offer their own incentives for hybrid vehicles.

For a comprehensive list of eligible vehicles and guidelines, visit IRS resources and Kelly Blue Book for state incentives.

Reach back out and let us know which state you're in so we can provide information about state-level credits or rebates that might be available to you