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The IRS has free tax software for those whose Adjusted Gross Income is below $84,000 annually.

“Combined income” is defined as taxpayers’ adjusted gross income, plus their nontaxable interest earnings and half of their Social Security benefits.

Furthermore, medical expenses must exceed 7.5% of your adjusted gross income to be deductible, notes Mark Luscombe, principal analyst for Wolters Kluwer Tax & Accounting.

The availability of the credit will depend on the vehicle’s cost, final assembly location, battery component and/or critical minerals sourcing, and the buyer’s modified adjusted gross income.

Free File is available to only people whose adjusted gross income — that is, income minus certain deductions, including retirement savings contributions and student loan interest payments — is under the cap set by the IRS, which rises annually with inflation.