Tax Rebate For Electric Car 2024. To claim the federal tax credit for your home ev charger, or other ev charging equipment, file form 8911 with the irs when you file your federal income tax. The final sale price must be $25,000 or less for vehicles at least 2 model.
The process, as planned, is intended to streamline the rebate application, and make it easier for consumers to purchase an electric vehicle. The irs has made the ev tax credit easier to obtain, and in 2024 itโs redeemable for cash or as a credit toward the down payment on your vehicle.