The hybrid tax credit is the same as the EV tax credit for your IRS return. This tax credit is nonrefundable and will only offset your tax liability for a given tax year the hybrid or EV tax credit can help if you are self-employed and do not have taxes withheld from your pay. You may also be able to amend a tax return to claim credit if you purchased it in a previous year and owed taxes. If you purchased a plug-in hybrid motor vehicle in 2022, you may be able to claim credit on your 2022 Tax Return. Get the details here: Clean Vehicle Tax Credit for EVs and Hybrids. Important: As part of the Inflation Reduction Act, both plug-in hybrids and electric vehicles are getting a reworked credit for 2023 and beyond. E-Auto Tax Credit for Buying a Hybrid or EV
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