We'll help you determine whether your purchase of an electric vehicle (EV) or fuel cell vehicle (FCV) qualifies for a tax credit based on whether you are:
- Planning to buy a new clean vehicle
- Looking to claim a credit for a new clean vehicle you already bought
- Planning to buy or already bought a used clean vehicle
- Buying a vehicle for business use
This page covers rules before and after changes under the Inflation Reduction Act of 2022.
At the time of sale, a seller must give you information about your vehicle's qualifications. Sellers must also register online and report the same information to the IRS. If they don't, your vehicle won't be eligible for the credit.
Planning to buy a new vehicle for personal use
Credits under these rules are available through 2032.
- How the credit works and qualified vehicles
- Check to see if the vehicle you are interested in qualifies
Already bought a new vehicle for personal use
Details of the credit for new vehicles changed on Jan. 1, 2023.
- Purchases in 2022 or earlier: How the credit works and qualified makes and models
- Purchases in 2023: How the credit works and qualified vehicles
Buying a new vehicle for business use
Two credits are available for vehicles purchased or leased for business use.
- Clean vehicle credit under IRC 30D (sole proprietorships and other business entities): How the credit works and qualified vehicles
- Commercial clean vehicle credit under IRC 45W (businesses and tax-exempt organizations): How the credit works and qualified manufacturers
Buying a used vehicle
This credit is available for individuals only.
Sellers, dealers and manufacturers
Electric vehicle charging and the Alternative Fuel Vehicle Refueling Property Tax Credit
Installing an electric vehicle charger in your home can make charging an electric vehicle simpler, faster, and more convenient, while potentially increasing your home’s property value. This tax credit reduces the costs associated with such charging equipment and installation.
If you install qualified vehicle refueling and recharging property at your home, including electric vehicle charging equipment, you may be eligible for the Alternative Fuel Vehicle Refueling Property Tax Credit.