What does modified adjusted gross income mean?
Modified adjusted gross income is the US IRA §30D taxpayer-income metric used to apply purchaser eligibility limits for the clean-vehicle credit.
modified adjusted gross income
A regulatory term referring to adjusted gross income increased by any amount excluded from gross income under section 911, 931, or 933.
1 official sourcessingle_source
Official definitions by source
US IRA §30D
26 U.S.C. § 30D - Clean Vehicle Credit
adjusted gross income increased by any amount excluded from gross income under section 911, 931, or 933.
Reference: Section 30D(f)(10)(C)
Non-EU context note
This term is defined in U.S. law (26 U.S.C. § 30D or § 45X) and is not part of EU regulatory vocabulary. It is included in this glossary because battery manufacturers and EV producers operating in both the EU and US markets need to navigate both legal frameworks simultaneously. Definitions in US and EU law for similar concepts (e.g. battery cell, battery module) are not identical and should not be treated as interchangeable.
Practical application
This term matters when credit eligibility depends on the buyer’s income rather than the vehicle, battery, or manufacturer data alone.
Minespider commentary
For Minespider, modified adjusted gross income is a purchaser-eligibility term that sits outside product traceability but affects whether the incentive can be claimed.
Common confusions
- Assuming the everyday meaning of modified adjusted gross income is enough without checking the official source definition.
- Using modified adjusted gross income as a loose generic label rather than the narrower meaning used in the source text.
- Confusing modified adjusted gross income with a neighboring legal actor or responsibility term without checking how the source allocates obligations.