Inflation Reduction Act Tax Credits 2024 Schedule. Rebates from the inflation reduction act are not currently available. Per the inflation reduction act of 2022, the credit will remain accessible and increase from 22% to.
The inflation reduction act sunsets the existing production tax credit (section 45 of the tax code) and investment tax credit (section 48 of the tax code) by limiting their. Since january 2024, more than 250,000 americans have claimed the inflation reduction act’s ev tax credits—either $7,500 off a qualified new electric vehicle, or up to.