Tuesday, September 2, 12:30pm. Online.
The federal electric vehicle tax credit of up to $7,500 comes to an end on September 30, 2025. If you are planning on buying or leasing a new or used EV this year, join this webinar sponsored by the Green Energy Consumers Alliance. It will be an opportunity to learn how the federal tax credit works, how to apply in time to get it, and what this means for the future of the EV market in the US. We’ll have plenty of time for Q&A.
To get the federal tax credit of up to $7,500 for new EVs and up to $4,000 for used EVs, you will need to sign the purchase or lease paperwork by September 30.
Remember, there are income limits and other eligibility rules:
- For new cars, your income must be under $300,000 if filing jointly, $225,000 if head of household, or $150,000 for all other filers. A list of eligible vehicles is available here.
- For used vehicles, your income must be under $150,000 if filing jointly, $112,500 if head of household, or $75,000 for all other filers. The vehicle must cost less than $25,000, be at least 2 years old, and be on its first resale.
- In all cases, you must purchase from a dealership that has registered with the IRS Energy Credits Online portal, and the dealership must submit a time-of-sale report to the IRS within 3 days of your purchase. Make sure you get a copy of that time-of-sale report and a copy of the confirmation of receipt from the IRS, and use those to fill out Form 8936 when it comes time to do your taxes. You need to file this form whether you receive the tax credit at the point-of-sale as an immediate reduction in what you owe the dealership or whether you decide to claim the tax credit at filing time.
https://us06web.zoom.us/webinar/register/WN__GyLN0gMSICUay0gtWIVFg?utm_campaign=15915412-Drive%20Green%20Education%20FY26&utm_medium=email&_hsenc=p2ANqtz-9UFSxxd0_qobg_JZZU_hqAxTj6tBXAc5hfumPzzGDfJGCkcaJZqBgvyK77Je23D9oZNwdiJM7u_oMtBZ5KNtVI1yPdZQ&_hsmi=377164232&utm_content=377164232&utm_source=hs_email#/registration
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