![]() States, municipalities and utilities may also offer financial incentives for electric vehicle purchases. Meanwhile, middle- and lower-income buyers typically have smaller tax bills, meaning it's more likely they wouldn't collect the full credit, Herron said. But the credit comes with some additional restrictions - such as an income cap, explained in more detail below - that will restrict how many of those households can benefit. High-income consumers would generally be most likely to benefit from the full credit value relative to those with more modest earnings, since they typically have larger tax bills, Herron said. "That's kind of the bummer" of the credit, said Dan Herron, a certified public accountant and certified financial planner based in San Luis Obispo, California. The Entertainment package has more than 75 live TV channels for 74.99 per month. Subscribers get 10 off the first three months of service on any plan. ![]() You can sign up for a free 5-day trial on every plan without any obligations. 15 These colleges promise no student debt What to look for in a credit report to lower your borrowing costs You have four ways to watch NBC without cable through DIRECTV STREAM. More from Personal Finance: Missed a tax credit from last year? You can claim it until Nov. ![]() Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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