US EV rebates

Qualified new EV

Federal:

Tax credit: up to $7,500. 

Modified adjusted gross income (AGI) limits:

  • $300,000 for married couples filing jointly
  • $225,000 for heads of households
  • $150,000 for all other filers

 

Massachusetts:

Rebate: $3,500

 

Qualified used EV

Federal:

Tax credit: 30% percent of the sale price up to a maximum credit of $4,000

Tax credit: up to $4,000. 

Modified adjusted gross income (AGI) limits:

  • $150,000 for married filing jointly or a surviving spouse
  • $112,500 for heads of households
  • $75,000 for all other filers

 

Massachusetts:

Rebate: $3,500

The used vehicle applying for the MOR-EV rebate was not purchased new or used within the previous 24 months (or leased for a period of less than 36 months) and did not receive a MOR-EV rebate within the previous 36 months. 

Maximum modified adjusted gross income (MAGI) limits:
o $150,000 for married filing jointly or a surviving spouse
o $112,500 for heads of households
o $75,000 for all other filers 

 

This article was updated on 21:04:53 2024-08-02