Find out if your electric vehicle (EV) or fuel cell vehicle (FCV) qualifies for a tax credit based on type, purchase date and business or personal use.

The EV tax credit is up to $7,500 for qualifying new electric vehicles and up to $4,000 for qualifying used electric vehicles bought before September 30, 2025.

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.

$7,500 EV Tax Credit Will Vanish in Weeks, but a New IRS Rule Eases the Deadline You can also get up to $4,000 back on a used electric car or truck if you act before Sept. 30.

. Summary of Tax Credits for New and Used Clean Vehicles and Charging Equipment Three new tax credits are available to individual purchasers of clean vehicles. To find out if your purchase …

Jan 1, 2023 · All-electric, plug-in hybrid, and fuel cell electric vehicles acquired new from January 1, 2023, through September 30, 2025 may be eligible for a federal income tax credit of up to …

Oct 10, 2025 · EV tax credits now expire in September 2025 due to new legislation. Here's the electric cars and PHEVs eligible in the meantime.

Sep 30, 2025 · Electric Vehicle Tax Credits Are Gone in 2025: What You Need to Know Why are the tax credits going away, and which cars are eligible for the new and used EV tax credit?

Jun 20, 2024 · How EV Tax Credits Work and How to Claim Them Currently, the tax credit for purchasing a qualifying new battery-electric and plug-in hybrid vehicles is either $3750 or $7500.

If you have a used or new electric vehicle, you may be eligible for an EV tax credit. Learn the rules, income limits, and how to claim the credits with H&R Block.