According to research by Forbes magazine and the Treasury Inspector General, potentially $100 million in EV credits have been wrongfully claimed since 2013. The Service publishes a list of allowable vehicles that are eligible for credit. The credit is generally limited to plug-in electric vehicles and is subject to a phase-out. Forbes found that 7 – 20% of taxpayers make erroneous claims that their vehicles qualify when they do not qualify on audit. At $7,500 per vehicle credit. This adds up quickly. Read more about it HERE.