How to claim your tax credit
And make sure all of the requirements set by the IRS are met. See below.
Most dealerships will take care of the tax credit during the purchasing process. If not, you can submit IRS Form 8936 when filing your taxes.
The same day from the car dealership, or when you get your tax return.
First, make sure you meet the requirement set by the IRS
The IRS has set a handful of requirements a person must meet to qualify for the electric vehicle tax credit, including income, etc. Click the links below to review the requirements.
![Savings hub car graphic](/sites/default/files/styles/full_article_width/public/2024-11/Savings_Hub_Car1.png?itok=LoXHibUA)
![Savings hub moped graphic](/sites/default/files/styles/full_article_width/public/2024-11/Savings_Hub_Moped.png?itok=PbUfJ-F_)
Home Charger Incentives
If you're upgrading to an electric vehicle, consider buying a home charger or battery, and installing components and parts (e.g. outlet, wiring, or electrical panel) that facilitate faster charging at your home. You may be able to claim a tax credit up to $1,000 for each charging port and for each energy storage property. Find out if your home is in an eligible location and see more detail:
![Savings hub outlet graphic](/sites/default/files/styles/full_article_width/public/2024-11/Savings_Hub_Outlet.png?itok=RHEhcDyn)
How much can you save on gas?
Use the Driving Electric Local Fuel Savings Calculator below to compare the cost of driving a battery electric vehicle (BEV) or a plug-in hybrid electric vehicle (PHEV) to a conventional vehicle where you live.
Electric vehicles purchased in 2022 or before are still eligible for tax credits
If you bought a new, qualified plug-in electric vehicle in 2022 or before, you may be eligible for a clean vehicle tax credit up to $7,500.
![Savings_Hub_Bulb graphic](/sites/default/files/styles/full_article_width/public/2024-11/Savings_Hub_Bulbo.png?itok=hdeepTuY)