how many times can you claim fed tax credit for PHEV can i take this if I buy multiple cars in same year?
Look at line 56 on your tax return. Line 63, if you own a business. 1) Around $7500, then 1 EV. 2) Around $15,000, then 2 EV. 3) Around $22,500, the 3 EV. Edit: Some EVs don't qualify for the full tax credit ($7500).