News Briefs: Dec 24, 2020 | Rio Blanco Herald Times | Serving Meeker, Rangely, Dinosaur & Northwest Colorado
Dec. 31 deadline for $4K EV tax credit RBC | Local nonprofit Clean Energy Economy for the Region is reminding Coloradans Dec. 31 is the last date to qualify for a $4,000 state tax credit. The “Innovative Motor Vehicle” income tax credit on the purchase of a new plug-in hybrid or all-electric vehicle will drop to $2,500 in 2021. The credit for leasing an EV will also decrease to $1,500 from the current $2,000. The state tax credit applies to all models, and everyone gets the full $4,000 regardless of their tax situation. More information about EVs, tax credits and buying considerations can...
Source: theheraldtimes.com