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A Jacksonville woman who called herself the “Tax Genie” is facing up to three years in federal prison after admitting she ...
As for used EVs, the $4,000 tax credit can be applied to any EV that's at least two years old and sold for less than $25,000.
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Money Digest on MSNThe Deduction That Could Increase Your Risk Of An IRS Audit
Claiming this tax deduction is one of those notorious red flags that gets a second look from the IRS, so be sure you understand the rules before taking it.
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