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. How the credit works and qualifying makes and models Sellers, dealers and manufacturers Register your dealership to enable credits for clean vehicle buyers Seller or dealer requirements Manufacturer requirements 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. Related Frequently asked questions about the New, Previously Owned and Qualified Commercial Clean Vehicles Credit About Form 8936, Clean Vehicle Credit Credits and deductions under the Inflation Reduction Act of 2022 Alternative Fuel Vehicle Refueling Property Credit Refueling Infrastructure Tax Credit
