Electric Car Tax Credit 2018 Massachusetts

At least 50 of the qualified vehicle s miles must be driven in the state and the credit expires at the end of 2020.

Electric car tax credit 2018 massachusetts.

To qualify you must. The amount of the credit. Have your pev or ev registered in ma. Be a resident of the commonwealth.

Starting on january 1 2020 mor ev will be extended to support qualifying battery electric vehicles bevs and fuel cell electric vehicles fcevs up to a 50 000 final purchase. The department of energy resources massachusetts offers rebates for electric vehicles mor ev program which had expired on september 30th 2019 has been re opened. State and or local incentives may also apply. The federal electric vehicle tax credit program provides a tax credit as high as 7 500 depending on the vehicle you choose and your individual tax circumstances.

The credit amount will vary based on the capacity of the battery used to power the vehicle. If you purchase a plug in hybrid pev or electric vehicle ev you may be eligible for a rebate of up to 2 500 through the massachusetts offers rebates for electric vehicles morev program. Federal tax credit up to 7 500.