EVTaxCreditCalc

Find out exactly how much you save going electric.

The 2025 federal EV tax credit (§30D) offers up to $7,500 — but income limits, MSRP caps, and assembly requirements mean not everyone qualifies. Check your eligibility in 30 seconds.

2025 EV Tax Credit Calculator

Estimates federal §30D credit eligibility. Verify with your tax advisor before purchase.

Your Estimated Credits

Income eligible?✓ Yes
MSRP eligible? ($40,240)✓ Yes
Federal §30D credit$7,500
Avg. state credit (estimate)$2,000
Total estimated savings$9,500

State credits vary widely. Check your state DMV or tax authority for exact amounts.

How the EV tax credit works in 2025

Up to $7,500 federal credit.

The §30D Clean Vehicle Credit provides up to $7,500 for new EVs and $4,000 for used EVs. The credit is non-refundable — it reduces your tax liability but cannot exceed what you owe.

Income and MSRP limits apply.

Single filers must have MAGI under $150,000; joint filers under $300,000. Vehicle MSRP must be under $55,000 for sedans or $80,000 for trucks, SUVs, and vans.

Point-of-sale transfer available.

Since 2024, you can transfer the credit to the dealer at the time of purchase — effectively getting the discount upfront rather than waiting for your tax return.

Complete guide to EV tax credits

Everything you need to know about the 2025 federal credit, state incentives, and how to claim them.

Read the Full Guide →

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