EV Tax Credit Estimator
Estimate your federal and state EV tax credits, rebates, and charger installation incentives.
Data last updated: March 2026
The federal EV tax credit is worth up to $7,500 for new EVs and $4,000 for used EVs in 2024-2026. Eligibility depends on your income, the vehicle's MSRP, and where it was assembled. Many states offer additional rebates of $500-5,000 on top of the federal credit.
Tax credit information changes frequently. This calculator provides estimates only. Consult a tax professional for advice specific to your situation. The federal 30D credit for new EVs expired September 30, 2025. The used EV credit (25E) and charger credit (30C) remain active.
Your modified adjusted gross income from your tax return
Your Estimated Credits & Incentives
| Credit | Amount | Status | Notes |
|---|---|---|---|
| Federal Clean Vehicle Credit (30D)Expired for vehicles acquired after September 30, 2025 | $0 | EXPIRED | Expired for vehicles acquired after September 30, 2025 |
| State: California Clean Vehicle Rebate Project (CVRP)Income-qualified. Standard rebate $2,000 for BEVs, increased rebate up to $7,500 for low-income applicants. Apply at cleanvehiclerebate.org. | Varies | CHECK | Income-qualified. Standard rebate $2,000 for BEVs, increased rebate up to $7,500 for low-income applicants. Apply at cleanvehiclerebate.org. |
| State: California Clean Fuel RewardPoint-of-sale discount applied by dealer at time of purchase or lease of a new EV. | Varies | CHECK | Point-of-sale discount applied by dealer at time of purchase or lease of a new EV. |
| Total Estimated Credits | $0+ | Plus state incentives (amounts vary by eligibility) |
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How EV Tax Credits Work
Federal EV tax credits reduce your federal income tax liability dollar-for-dollar — a $4,000 credit means $4,000 less in taxes owed. These are nonrefundable credits, meaning they can reduce your tax bill to zero but won't generate a refund beyond that. Credits are claimed when you file your annual tax return using IRS Form 8936.
Current Federal Credit Status (2026)
The Section 30D new vehicle credit expired September 30, 2025 and has not been renewed. The Section 25E used vehicle credit remains active: 30% of the purchase price up to $4,000 for qualifying used EVs priced under $25,000. The Section 30C charger installation credit also remains: 30% of equipment and installation costs up to $1,000.
State Incentives Vary Widely
- California offers rebates up to $7,500 through CVRP for lower-income buyers, plus utility-specific programs worth $500-1,000.
- Colorado provides $5,000 state tax credits for new EVs, one of the most generous state programs.
- Some states (Connecticut, Delaware, Maine) offer point-of-sale rebates that reduce the purchase price directly, rather than tax credits claimed later.
- State programs change frequently — check your state's energy office website for the most current information before purchasing.
Frequently Asked Questions
The federal Clean Vehicle Credit (Section 30D) for new EVs expired on September 30, 2025 for vehicles acquired after that date. However, the Used Clean Vehicle Credit (Section 25E) for used EVs is still active, offering up to $4,000 or 30% of the purchase price, whichever is less.
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