President Joe Biden is giving out tax credit for those who have purchased e-bikes as part of his build back better initiative. This will allow anyone who has purchased an e-bike within the certain requirement to receive a tax credit that it worth up to 30% of the e-bike.
The limits to this is bikes that are over 750W and bikes that cost over $8,000 or more. If one has reached one of these limits they will not be receiving any tax credit.
This tax credit can be redeemed as long as they have purchased an e-bike that falls into the requirement and is not exceeding one of these limits.