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Federal Tax Credits for New All-Electric and Plug-in Hybrid Vehicles

Federal Tax Credit Up To $7,500!

All-electric and plug-in hybrid cars purchased new in or after 2010 may be eligible for a federal income tax credit of up to $7,500. The credit amount will vary based on the capacity of the battery used to power the vehicle. State and/or local incentives may also apply.

Small neighborhood electric vehicles do not qualify for this credit, but they may qualify for another credit.

Important Information About Tax Credits:

Congress recently passed new legislation—the Inflation Reduction Act of 2022—which changes credit amounts and requirements for clean energy vehicles.

Preliminary guidance from the Internal Revenue Service addresses some important issues regarding vehicles purchased in 2022:

  • If you entered into a written binding contract to purchase a new qualifying electric vehicle before August 16, 2022, but do not take possession of the vehicle until on or after August 16, 2022, (for example, because the vehicle has not been delivered), you may claim the EV credit based on the rules that were in effect before August 16, 2022.
  • If you purchased a qualifying electric vehicle on or before August 16, 2022, and placed it in service before January 1, 2023, you may claim the EV credit based on the rules that were in effect before August 16, 2022.
  • If you purchase and take possession of a qualifying electric vehicle after August 16, 2022 and before January 1, 2023, final assembly of the vehicle had to be completed in North America, otherwise the same rules in effect prior to the enactment of the Inflation Reduction Act apply (including those involving the manufacturing caps on vehicles sold). The Department of Energy has provided a list of Model Year 2022 and early Model Year 2023 electric vehicles that may meet the final assembly requirement. Because some models are built in multiple locations, there may be vehicles on the list that do not meet the final assembly requirement in all circumstances. To identify the manufacture location for a specific vehicle, please search the vehicle identification number (VIN) of the vehicle on the VIN Decoder website for the National Highway Traffic Safety Administration (NHTSA). The website, including instructions, can be found at VIN Decoder.

We will provide more information when IRS releases additional guidance on the credits.

Filter table by…

Vehicle Type

OR

Vehicle Make & Model Vehicle Type Full Credit Phase Out
50% 25%
AMP Electric Vehicles
2012 GCE Electric Vehicle
GCE Electric Vehicle $7,500
2012 MLE Electric Vehicle
MLE Electric Vehicle $7,500
Audi
2022–23 e-tron GT (e-tron GT/RS e-tron GT models)
2022 e-tron GT (e-tron GT/RS e-tron GT models) $7,500
2022 Audi e-tron S (standard and Sportback models)
Audi e-tron S (standard and Sportback models) $7,500
2022 Audi Q4 50 e-tron quattro (standard and Sportback models)
Audi Q4 50 e-tron quattro (standard and Sportback models) $7,500
2020–22 e-tron Sportback
e-tron SUV $7,500
2016–18 A3 e-tron
2016 A3 e-tron $4,502
2019, 2021–22 e-tron SUV
e-tron SUV $7,500
2016 A3 e-tron ultra
A3 e-tron ultra $4,502
2021 A7 55 TFSI e Quattro
A7 55 TFSI e Quattro $6,712
2022 A7 TFSI e Quattro
A7 TFSI e Quattro $7,500
2020 A8L PHEV
A8L PHEV $6,712
2021 A8 L 60 TFSI e Quattro
A8L PHEV $6,712
2020 Q5 PHEV
Q5 PHEV $6,712
2021 Q5 55 TFSI e Quattro
Q5 55 TFSI e Quattro $6,712
2022–23 Q5 TFSI e Quattro
Q5 TFSI e Quattro $7,500
Bentley
2020–21 Bentayga Hybrid
Bentley Bentayga $7,500
2022 Flying Spur Hybrid
Flying Spur Hybrid $7,500
BMW
2014–21 i3 Sedan
BMW i3 Sedan $7,500
2014–21 i3 Sedan w/ Range Extender
BMW i3 Sedan w/ Range Extender $7,500
2017 i3 Sedan (w/ 60 amp-hr battery)
BMW i3 Sedan (w/ 60 amp-hr battery) $7,500
2018–21 i3s
BMW i3s $7,500
2018–21 i3s w/ Range Extender
BMW i3s w/ Range Extender $7,500
2022–23 i4 eDrive40 Gran Coupe
BMW i4 eDrive40 Gran Coupe $7,500
2022–23 i4 M50 Gran Coupe
BMW i4 M50 Gran Coupe $7,500
2023 i7 xDrive60
BMW i7 xDrive60 $7,500
2014–17 i8
BMW i8 $3,793
2019–20 i8 Coupe
BMW i8 Coupe $5,669
2019–20 i8 Roadster
BMW i8 Roadster $5,669
2023 iX M60
BMW iX M60 $7,500
2022–23 iX xDrive50
2022 iX xDrive50 $7,500
2020–21 X3 xDrive30e
X3 xDrive30e $5,836
2016–18 X5 xDrive40e
BMW X5 xDrive40e $4,668
2021–23 X5 xDrive45e
BMW X5 xDrive45e $7,500
2016–18 330e
330e $4,001
2021–23 330e
330e $5,836
2021–23 330e xDrive
330e xDrive $5,836
2018–19 530e
530e $4,668
2020–23 530e
530e $5,836
2018–19 530e xDrive
530e xDrive $4,668
2020–23 530e xDrive
530e $5,836
2017 740e
740e $4,668
2018–19 740e xDrive
740e xDrive $4,668
2020–22 745e xDrive
745e $5,836
BYD Motors
2012–17 e6 Electric Vehicle
e6 Electric Vehicle $7,500
General Motors vehicles acquired after 3/31/2020 are not eligible for these tax credits.
Cadillac 1/1/10 to 3/31/19 4/1/19 to 9/30/19 10/1/19 to 3/31/20
2014, 2016 ELR
Cadillac ELR $7,500 $3,750 $1,875
2017–18 CT6 Plug-in
Cadillac CT6 Plug-in $7,500 $3,750 $1,875
Canoo
2023 Lifestyle Deliver Vehicle
Canoo Lifestyle Deliver Vehicle $7,500
2023 Lifestyle Vehicle Base
Canoo Vehicle Base $7,500
2023 Lifestyle Vehicle Adventure
Canoo Lifestyle Vehicle Adventure $7,500
2023 Lifestyle Vehicle Premium
Canoo Lifestyle Vehicle Premium $7,500
General Motors vehicles acquired after 3/31/2020 are not eligible for these tax credits.
Chevrolet 1/1/10 to 3/31/19 4/1/19 to 9/30/19 10/1/19 to 3/31/20
2017–20 Bolt EV
Chevrolet Bolt EV $7,500 $3,750 $1,875
2011–19 Volt
Chevrolet Volt $7,500 $3,750 $1,875
2014–16 Spark EV
Chevrolet Spark EV $7,500 $3,750 $1,875
Chrysler
2017–22 Pacifica Plug-in Hybrid
Pacifica Plug-in Hybrid $7,500
CODA Automotive
2010, 2012 CODA Sedan
CODA Sedan $7,500
Electric Last Mile Solutions (ELMS)
2022 ELMS Urban Delivery
ELMS Urban Delivery $7,500
Electric Mobile Cars
2010 E36 7 Passenger Wagon
E36 7 Passenger Wagon $7,500
2010 E36t Pick-up Truck
E36t Pick-up Truck $7,500
2010 E36v Utility Van
E36v Utility Van $7,500
Ferrari
2022 296 GTB
Ferrari 296 GTB $3,334
2020–21 SF90 Stradale
SF90 Stradale $3,501
Fiat
2013–19 500e
Fiat 500e $7,500
Fisker
2012 Karma Sedan
Fisker Karma $7,500
Ford
2012–18 Focus EV
Ford Focus EV $7,500
2013–17 C-Max Energi
Ford C-Max Energi $4,007
2013–18 Fusion Energi
Ford Fusion Plug-in Hybrid $4,007
2019–20 Fusion Energi
Ford Fusion Plug-in Hybrid $4,609
2020–22 Escape Plug-in Hybrid
Ford Escape Plug-in Hybrid $6,843
2021 Mustang Mach-E First Edition Premium AWD
2021 Ford Mustang Mach-E $7,500
2021–22 Mustang Mach-E California Route 1 (AWD, RWD models)
2021 Ford Mustang Mach-E $7,500
2021–22 Mustang Mach-E Premium (AWD, RWD models)
2021 Ford Mustang Mach-E Premium $7,500
2021–22 Mustang Mach-E Select (AWD, RWD models)
2021 Ford Mustang Mach-E Select $7,500
2021–22 Mustang Mach-E GT
2021 Ford Mustang Mach-E GT $7,500
2022–23 E-Transit
2022 Ford E-Transit $7,500
2022 F-150 Lightning (Standard Range, Extended Range)
2022 Ford F-150 Lightning (Standard Range, Extended Range) $7,500
Ford/Azure Dynamics
2011–12 Transit Connect EV
Azure Dynamics Transit Connect $7,500
Genesis
2023 GV60
Genesis GV60 $7,500
2022 G80
Genesis G80 $7,500
Honda
2014 Accord Plug-in Hybrid
Honda Accord Plug-in Hybrid $3,626
2018–21 Clarity Plug-in Hybrid
Honda Clarity Plug-in Hybrid $7,500
Hyundai
2017–21 Ioniq Electric
Ioniq Electric $7,500
2022 Ioniq 5 – 58 kWh
Ioniq 5 – 58 kWh $7,500
2022 Ioniq 5
Ioniq 5 $7,500
2023 Ioniq 5 – 77.4 kWh
Ioniq 5 – 77.4 kWh $7,500
2018–22 Ioniq Plug-in Hybrid Electric Vehicle
Ioniq Plug-in Hybrid Electric Vehicle $4,543
2019–23 Kona Electric Vehicle
Kona Electric Vehicle $7,500
2016–19 Sonata Plug-in Hybrid
Hyundai Sonata Plug-in Hybrid $4,919
2022–23 Tucson Plug-in Hybrid
Tucson Plug-in Hybrid $6,587
2022–23 Santa Fe Plug-in Hybrid
Santa Fe Plug-in Hybrid $6,587
Jaguar
2019 I-Pace (First Edition, HSE, SE, S models)
2019 Jaguar I-Pace (First Edition, HSE, SE, S models) $7,500
2020–21 I-Pace (HSE, SE, S models)
2020 Jaguar I-Pace (HSE, SE, S models) $7,500
2022–23 I-Pace (HSE)
2022 Jaguar I-Pace (HSE) $7,500
Jeep
2021–23 Wrangler PHEV
Jeep Wrangler PHEV $7,500
2022–23 Jeep Grand Cherokee PHEV
Jeep Grand Cherokee PHEV $7,500
Kandi
2019–21 Kandi EX3
Kandi EX3 $7,500
2019–20 Kandi K22
Kandi K22 $7,500
2020–22 Kandi K23
Kandi K23 $7,500
2020–22 Kandi K27
Kandi K27 $7,500
Karma
2021‐22 GS-6
Karma GS-6 $7,500
2018–22 Karma Revero
Karma Revero $7,500
Kia
2015–20 Soul Electric
Kia Soul Electric $7,500
2017–20 Optima Plug-in Hybrid
Kia Optima Plug-in Hybrid $4,919
2018–22 Niro Plug-in Hybrid
Niro Plug-in Hybrid $4,543
2019–22 Niro EV
Niro EV $7,500
2022 EV6 (58 kWh, 77.4 kWh)
EV6 $7,500
2022 Sorento Plug-in Hybrid
Sorento Plug-in Hybrid $6,587
2023 Sportage PHEV
Sportage PHEV $6,586.60
Land Rover
2019 Range Rover PHEV (HSE)
Range Rover PHEV (HSE) $7,087
2020–21 Range Rover PHEV
Range Rover PHEV $6,295
2022 Range Rover PHEV (HSE, Autobiography models)
Range Rover PHEV $6,295
2019 Range Rover Sport PHEV (HSE)
Range Rover Sport PHEV (HSE) $7,087
2022 Range Rover Sport PHEV (HSE)
Range Rover Sport PHEV (HSE) $6,295
2020–22 Range Rover Sport PHEV
Range Rover Sport Sport PHEV $6,295
2023 Land Rover Range Rover SE PHEV
Land Rover Range Rover SE PHEV $7,500
2023 Land Rover Range Rover Sport Autobiography PHEV
Land Rover Range Rover Sport Autobiography PHEV $7,500
Lexus vehicles acquired after 9/30/2023 are not eligible for these tax credits.
Lexus 1/1/10 to 9/30/22 10/1/22 to 3/31/23 4/1/23 to 9/30/23
2022 NX Plug-In Hybrid
Lexus NX Plug-In Hybrid $7,500 $3,750 $1,875
Lincoln
2020–23 Aviator Grand Touring
Lincoln Aviator PHEV AWD $6,534
2021–22 Corsair Reserve Grand Touring (PHEV)
Lincoln Corsair Reserve Grand Touring $6,843
2022 Corsair Grand Touring (PHEV)
Lincoln Corsair Grand Touring $6,843
Lucid
2022 Air Dream Edition
Air Dream Edition $7,500
2022 Air Grand Touring
Air Grand Touring $7,500
Mazda
2022 MX-30
2022 MX-30 $7,500
McLaren
2022– Artura Plug-in Hybrid
Artura $4,585
Mercedes-Benz
2022 EQB350 4Matic
Mercedes-Benz EQB350 4Matic $7,500
2022 EQB300 4Matic
Mercedes-Benz EQB300 4Matic $7,500
2022 AMG EQS Sedan
Mercedes-Benz AMG EQS Sedan $7,500
2022 EQS 450+
EQS 450+ $7,500
2023 EQS 450+ SUV
EQS 450+ $7,500
2022 EQS 450 4Matic
EQS 450+ $7,500
2023 EQS 450 4Matic SUV
EQS 450 4Matic SUV $7,500
2022 EQS 580 4Matic
EQS 580 4Matic $7,500
2023 EQS 580 4Matic SUV
EQS 580 4Matic SUV $7,500
2014–17 B-Class EV
B-Class EV $7,500
2015–17 S550e PHEV
S550e Plug-in Hybrid $4,460
2016–18 GLE550e 4matic PHEV
GLE550e 4matic $4,460
2018–19 GLC350e 4matic PHEV
GLC350e 4matic $4,460
2020 GLC350e 4M EQ
Mercedes GLC350e 4M EQ $6,462
2020 S560e EQ PHEV
Mercedes 2020 S560e EQ PHEV $6,462
2016–18 C350e
C350e $3,501
MINI
2018–19 MINI Cooper S E Countryman ALL4
MINI Cooper SE Countryman ALL4 $4,001
2020–23 MINI Cooper S E Countryman ALL4
MINI Cooper SE Countryman ALL4 $5,002
2020–23 MINI Cooper S E Hardtop
MINI Cooper S E Hardtop $7,500
Mitsubishi
2012, 2014, 2016, 2017 i-MiEV
Mitsubishi i-MiEV $7,500
2018–20 Outlander Plug-in
Outlander Plug-in $5,836
2021–22 Outlander Plug-in
Outlander Plug-in $6,587
2023 Outlander Plug-in
Outlander Plug-in $7,500
Nissan
2011–22 Leaf
Nissan Leaf $7,500
2023 LEAF S
Nissan LEAF S $7,500
2023 LEAF SV Plus
Nissan LEAF SV Plus $7,500
2023 ARIYA ENGAGE FWD
Nissan ARIYA ENGAGE FWD $7,500
2023 ARIYA EMPOWER+ FWD
Nissan ARIYA EMPOWER+ FWD $7,500
2023 ARIYA VENTURE+ FWD
Nissan ARIYA VENTURE+ FWD $7,500
2023 ARIYA EVOLVE+ FWD
Nissan ARIYA EVOLVE+ FWD $7,500
2023 ARIYA PREMIERE FWD
Nissan ARIYA PREMIERE FWD $7,500
Polestar Automotive
2020–21 Polestar 1
Polestar 1 $7,500
2021 Polestar 2
Polestar 2 $7,500
2022–23 Polestar 2 - Long Range (single and dual motor)
2022 Polestar 2 - Long Range (single and dual motor) $7,500
Porsche
2015–18 Cayenne S E-Hybrid
Porsche Cayenne E-Hybrid $5,336
2019–20 Cayenne E-Hybrid
Porsche Cayenne E-Hybrid $6,712
2021–22 Cayenne (E-Hybrid, E-Hybrid Coupe, Turbo S E-Hybrid, Turbo S E-Hybrid Coupe)
Porsche Cayenne E-Hybrid $7,500
2020 Cayenne (E-Hybrid Coupe, Turbo S E-Hybrid, Turbo S E-Hybrid Coupe)
Porsche Cayenne E-Hybrid Coupe $6,712
2014–16 Panamera S E-Hybrid
Porsche Panamera S E-Hybrid $4,752
2015 918 Spyder
Porsche 918 Spyder $3,667
2018 Panamera 4 PHEV (4 E-Hybrid, 4 E-Hybrid Sport Turismo, 4 E-Hybrid Executive, Turbo S E-Hybrid, Turbo S E-Hybrid Executive, Turbo S E-Hybrid Sport Turismo)
Panamera 4 E-Hybrid $6,670
2019–20 Panamera 4 PHEV (4 E-Hybrid, 4 E-Hybrid Sport Turismo, 4 E-Hybrid Executive, Turbo S E-Hybrid, Turbo S E-Hybrid Executive, Turbo S E-Hybrid Sport Turismo)
Panamera 4 E-Hybrid $6,712
2021 Panamera 4 PHEV (4 E-Hybrid, 4 E-Hybrid Sport Turismo, 4 S E-Hybrid, 4 S E-Hybrid Executive, 4 S E-Hybrid Sport Turismo, 4 E-Hybrid Executive, Turbo S E-Hybrid, Turbo S E-Hybrid Executive, Turbo S E-Hybrid Sport Turismo)
Panamera 4 E-Hybrid $7,500
2022 Panamera 4 PHEV (4 E-Hybrid, 4 E-Hybrid Executive, 4 E-Hybrid Sport Turismo, 4 S E-Hybrid, 4 S E-Hybrid Executive, 4 S E-Hybrid Sport Turismo, Turbo S E-Hybrid, Turbo S E-Hybrid Executive)
Panamera 4 E-Hybrid $7,500
2022 Panamera Turbo S E-Hybrid Sport Turismo
Panamera Turbo S E-Hybrid Sport Turismo $7,500
2020 Taycan EV (4S, Turbo, Turbo S)
Taycan EV $7,500
2021–22 Taycan EV (Taycan, 4 Cross Turismo, 4 S Cross Turismo, Turbo Cross Turismo, Turbo S Cross Turismo, 4 S, Turbo, Turbo S, GTS, GTS Sport Turismo)
Taycan EV $7,500
Rivian
2022 R1T
Rivian R1T $7,500
2022 R1S
Rivian R1S $7,500
2022 EDV 700
Rivian EDV 700 $7,500
smart USA
2013–18 fortwo electric vehicle (all)
smart fortwo electric vehicle $7,500
2019 EQ fortwo Coupe
smart EQ fortwo Coupe $7,500
2019 EQ fortwo Cabrio
smart EQ fortwo Cabrio $7,500
Subaru
2019–22 Crosstrek Hybrid
Subaru Crosstrek Hybrid $4,502
2023 Solterra
2023 Solterra $7,500
Tesla vehicles acquired after 12/31/2019 are not eligible for these tax credits.
Tesla Motors 1/1/10 to 12/31/18 1/1/19 to 6/30/19 7/1/19 to 12/31/19
2012–20 Model S
Tesla Model S $7,500 $3,750 $1,875
2016–20 Model X
Tesla Model X $7,500 $3,750 $1,875
2020 Model 3 Standard Range
Tesla Model 3 Standard Range $7,500 $3,750 $1,875
2019–20 Model 3 Standard Range Plus
Tesla Model 3 Standard Range Plus $7,500 $3,750 $1,875
2017–20 Model 3 Long Range
Tesla Model 3 Long Range $7,500 $3,750 $1,875
2018–20 Model 3 Long Range AWD and AWD Performance
Tesla Model 3 Long Range AWD and AWD Performance $7,500 $3,750 $1,875
2018–20 Model 3 Mid Range
Tesla Model 3 Mid Range $7,500 $3,750 $1,875
2008–11 Roadster
Tesla Roadster $7,500 $3,750 $1,875
Think
2011 Think City EV
Think City EV $7,500
Toyota vehicles acquired after 9/30/2023 are not eligible for these tax credits.
Toyota 1/1/10 to 9/30/22 10/1/22 to 3/31/23 4/1/23 to 9/30/23
2023 bZ4X Plug-in Electric
Toyota bZ4X Plug-in Electric $7,500 $3,750 $1,875
2012–15 Prius Plug-in Hybrid
Toyota Prius Plug-in Hybrid $2,500 $1,250 $625
2017–22 Prius Prime Plug-in Hybrid
Toyota Prius Prime Plug-in Hybrid $4,502 $2,251 $1,126
2012–14 RAV4 EV
Toyota RAV4 EV $7,500 $3,750 $1,875
2021–22 RAV4 Prime Plug-In Hybrid
RAV4 Prime Plug-In Hybrid $7,500 $3,750 $1,875
VIA Motors
2014 2500 Extended Range Electric Passenger Van
No photo $7,500
2014 1500 Extended Range Electric Truck 4WD (All body styles)
No photo $7,500
2014 2500 Extended Range Electric Cargo Van
No photo $7,500
2014 1500 Extended Range Electric Truck 2WD (All body styles)
No photo $7,500
Volkswagen
2021–22 ID.4 (First Edition, Pro, Pro S, and AWD Pro S)
2021 ID.4 $7,500
2015–19 e-Golf
Volkswagen e-Golf $7,500
Volvo
2023 C40 Recharge Twin (AWD BEV)
C40 Recharge Twin (AWD BEV) $7,500
2022 C40 Recharge Pure Electric
Volvo C40 Recharge Pure Electric $7,500
2019 S60
Volvo S60 $5,002
2020–22 S60
Volvo S60 $5,419
2023 S60 T8 Recharge (Extended Range)
S60 T8 Recharge (Extended Range) $7,500
2022 S60 Extended Range
Volvo S60 $7,500
2018–19 S90
Volvo S90 $5,002
2020–22 S90
Volvo S90 $5,419
2022 S90 Extended Range
Volvo S90 $7,500
2023 S90 T8 Recharge (Extended Range)
S90 T8 Recharge (Extended Range) $7,500
2020–22 V60
Volvo V60 $5,419
2022–23 V60 Extended Range
Volvo V60 $7,500
2023 XC40 Recharge Twin (AWD BEV)
XC40 Recharge Twin (AWD BEV) $7,500
2021–22 XC40 Recharge Pure Electric P8 AWD
Toyota RAV4 EV $7,500
2018–19 XC60
Volvo S90 $5,002
2020–22 XC60
Volvo XC60 $5,419
2022 XC60 Extended Range
Volvo XC60 $7,500
2023 XC60 T8 Recharge (Extended Range)
XC60 T8 Recharge (Extended Range) $7,500
2016–17 XC90
Volvo XC90 $4,585
2018–19 XC90
Volvo XC90 $5,002
2020–22 XC90
Volvo XC90 $5,419
2022 XC90 Extended Range
Volvo XC90 $7,500
2018–19 XC90 Excellence
Volvo XC90 Excellence $5,002
2023 XC90 T8 Recharge (Extended Range)
XC90 T8 Recharge (Extended Range) $7,500
Wheego
2011 LiFe
Wheego LiFe $7,500
Zenith Motors
2014–2017 Electric Van
Zenith Electric Van $7,500
2016–2017 Electric Minibus
Zenith Electric Van $7,500

TBD = To be determined

Updated 11/11/2022

Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D)

To be certified for the credit by the manufacturer, the vehicle must meet the following requirements:

  • The vehicle must be made by a manufacturer (i.e., it doesn't include conventional vehicles converted to electric drive).
  • It must be treated as a motor vehicle for purposes of title II of the Clean Air Act.
  • It must have a gross vehicle weight rating (GVWR) of not more than 14,000 lbs.
  • It must be propelled to a significant extent by an electric motor which draws electricity from a battery which
    • has a capacity of not less than 4 kilowatt hours and
    • is capable of being recharged from an external source of electricity.

The following requirements must also be met for a certified vehicle to qualify:

  • The original use of the vehicle commences with the taxpayer—it must be a new vehicle.
  • The vehicle is acquired for use or lease by the taxpayer, and not for resale. (The credit is only available to the original purchaser of a new, qualifying vehicle. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.)
  • The vehicle is used mostly in the United States.
  • The vehicle must be placed in service by the taxpayer during or after the 2010 calendar year.

The credit begins to phase out for vehicles at the beginning of the second calendar quarter after the manufacturer has sold 200,000 eligible plug-in electric vehicles (i.e., plug-in hybrids and EVs) in the United States as counted from January 1, 2010. IRS will announce when a manufacturer exceeds this production figure and will announce the subsequent phase out schedule (Plug-In Electric Drive Motor Vehicle Credit Quarterly Sales).

Fill out Form 8936Adobe Acrobat Icon, Qualified Plug-in Electric Drive Motor Vehicle Credit.

For vehicles acquired for personal use, report the credit from Form 8936Adobe Acrobat Icon on the appropriate line of your Form 1040, U.S. Individual Income Tax ReturnAdobe Acrobat Icon.

For vehicles purchased in 2010 or later, this credit can be used toward the alternative minimum tax (AMT).

If the qualifying vehicle is purchased for business use, the credit for the business use of an electric vehicle is reported on Form 3800Adobe Acrobat Icon, General Business Credit.

DISCLAIMER

The information on this page should not be viewed as an official or legally binding document. Other requirements or exceptions may apply. For more detailed information, please consult an IRS tax representative and/or official IRS publications.

This website is administered by Oak Ridge National Laboratory for the U.S. DOE and the U.S. EPA.