Additionally, states and some municipalities also may offer consumer sweeteners such as access to high-occupancy vehicle lanes (known as HOV lanes) or … These vehicle tax credits are available for 2019 Tax Returns: Alternative Motor Vehicle Tax Credit; Qualified Plug-In Electric Drive Motor Vehicle Tax Credit; When you prepare and e-File your 2019 Tax Return on eFile.com, you don't have to worry about which of the credits above you qualify to claim on your tax return. In addition to broad-scale electric vehicle incentives, states and utilities provide incentive programs, rebates and tax credits specifically for purchasing and installing EV charging equipment across the country. Congress recently passed a retroactive federal tax credit for those who purchased environmentally responsible transportation, including costs for EV charging infrastructure.

If you bought an electric car in 2018, you might be able to claim a tax credit of up to $7,500. It’s tax season, and though you probably didn’t want to fill out another IRS form, Form 8936 (Qualified Plug-in Electric Drive Motor Vehicle Credit) is worth the effort. A federal hybrid car tax credit is available to consumers who buy plug-in electric vehicles (EVs) in the United States. Search what is available in your area by entering a zip code below. Did you purchase a charging station for your electric car in 2018 or 2019?

These credits were simplified effective Jan. 1, 2017. Electric-car tax credit issued improperly to thousands, audit finds ... tax returns filed a bogus claim for the EV tax credit between 2014 and 2018. Tax credits are available in Colorado for the purchase, lease and conversion of light, medium and heavy duty alternative fueled vehicles (electric/EV, plug-in hybrid or PHEV, compressed natural or CNG, liquefied natural gas or LNG, liquefied petroleum gas or LPG, and hydrogen.) If so, we have great news for you! Electric vehicles (EVs) and plug-in electric vehicles (PHEVs) are eligible for federal tax credits up to a maximum of $7,500 on many models. Or do you plan to buy one in 2020?

One-time federal tax credits of between $3,500 and $7,500 were enacted in 2010 to help spur sales of plug-in vehicles, which was then a priority for the Obama administration. Here's how to save thousands with credits and deductions on your 2018 tax return. The federal tax credit for electric vehicles (EVs) allows you to claim up to $7,500 on your returns for buying a new electric car.

Federal and State Electric Car Tax Credits, Incentives & Rebates.