EV Tax Credit Calculator 2025
Check your eligibility for the federal §30D credit and estimate state incentives. Verify with your tax advisor.
2025 EV Tax Credit Calculator
Estimates federal §30D credit eligibility. Verify with your tax advisor before purchase.
Your Estimated Credits
State credits vary widely. Check your state DMV or tax authority for exact amounts.
How the calculator works
This calculator checks three eligibility requirements for the federal §30D credit: your modified adjusted gross income (MAGI) against the income limits for your filing status, the vehicle MSRP against the price caps ($55,000 for sedans, $80,000 for trucks/SUVs), and whether the specific model has been confirmed eligible by the IRS. It then applies the credit against your estimated tax liability, since the credit is non-refundable.
What is the point-of-sale transfer?
Since January 2024, you can transfer your EV tax credit to the dealer at the time of purchase, effectively receiving the credit as an upfront price reduction. You must confirm eligibility with the dealer and the IRS Clean Vehicle Credit portal before completing the transfer.