Federal Tax Credit for Electric Vehicle Chargers Renewed

EyeOnRivian

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For those considering installing a home EVSE (aka charger) in 2020, you might be able to save a few bucks with a renewed federal tax credit according to a Feb 6, 2020, Renew Wisconsin article "Federal Tax Credit for Electric Vehicle Chargers Renewed"

Electric Vehicle chargers are once again eligible for a tax credit
An amendment on the Federal year-end spending bill reinstated electric vehicle charger tax credits that expired in 2017. The credits will cover 30% of the cost to install an EV charger with a maximum credit of $1,000 for individual taxpayers and $30,000 for businesses. The credit will be available through the end of 2020. To claim the credit, use IRS Form 8911.
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