EV Tax Credit Calculator
2025 EV credit from price, income, battery, and cutoff gates.
What it does
The 2025 clean vehicle credit pays up to $7,500 through a gauntlet of caps: price, income, battery, assembly, and a hard September cutoff. Each gate fails closed, so checking order matters.
The tool above takes MSRP, body, AGI with filing status, battery, assembly, halves, and timing. It returns the credit with the deciding cap and claiming verdict.
The default $45,000 sedan at $100,000 single income with 75 kWh, North America assembly, and both halves passes everything for $7,500.00 on Form 8936. The $60,000 sedan beside it dies at the $55,000 cap.
IRS Section 30D pages carry every number here: the two $3,750 halves, 7 kWh floor, $55,000 and $80,000 MSRP lines, the AGI ladder, and the Sept 30, 2025 acquisition end. FuelEconomy.gov mirrors the rules behind its eligibility lookup.
Credits transfer at sale or wait for filing, but nonrefundable math caps the benefit at tax owed. Keep the dealer time of sale report: without the IRS filing behind it, no credit exists.
How to use
- Type the MSRP.
- Pick car or SUV body.
- Type AGI and filing status.
- Type battery kWh.
- Confirm assembly and halves.
- Read credit, caps, verdict.
Formula
- MSRP
- Factory price with options, no destination fee.
- AGI
- Modified AGI, delivery or prior year.
- kWh
- Battery energy in kWh, 7 minimum.
IRS Section 30D guidance sets the $3,750 plus $3,750 halves, 7 kWh floor, 14,000 lb weight ceiling, MSRP and AGI caps, North America assembly, and the Sept 30, 2025 acquisition cutoff with Form 8936 claiming. FuelEconomy.gov hosts the eligible vehicle lookup behind the same rules. Framed for the 2025 tax year; later law governs later years.
Worked example
Example: qualifying sedan for 2025
Defaults: $45k car, $100k single, 75 kWh, full pass.
- Car: $45,000 MSRP under the $55,000 car cap.
- Income: $100,000 single under $150,000.
- Battery: 75 kWh over the 7 minimum.
- Assembly: North America, both halves met.
- Cutoff: acquired on or before Sept 30, 2025.
- Tool shows $7,500.00, Under all caps, Claim on Form 8936.
Reference table
| Gate | Pass | Fail case |
|---|---|---|
| MSRP | Cars $55k, SUVs $80k | $60k car fails |
| AGI | 150k/225k/300k | $200k single fails |
| Battery | 7 kWh plus halves | Under 7 fails |
| Assembly | North America | Elsewhere fails |
| Timing | By Sept 30, 2025 | Later fails |
Limits
- 2025 tax year framing; later law differs.
- Federal 30D only; states stack apart.
- Dealer reporting required behind claims.
- Nonrefundable without transfer.
Common mistakes
- Missing the Sept 2025 cutoff.
- Reading dealer price as MSRP.
- Using one AGI year only.
- Assuming one half pays full.
- Filing without the sale report.
Try it yourself
Quick checks. Answers sit tucked under each question.
$60,000 car, all else pass?
$0.00: over the $55,000 MSRP cap, price cap fails.
$200,000 single income, all else pass?
$0.00: over the AGI limit, income cap fails.
$70,000 SUV, $120,000 single?
$7,500.00 under all caps: claim on Form 8936.
Questions
Credit amounts?
$7,500 when both mineral and battery halves pass, $3,750 for one half, $0 for neither. Battery needs 7 kWh minimum.
MSRP caps?
$55,000 cars, $80,000 for vans, SUVs, and trucks, counting factory options without destination fees.
Income caps?
$150,000 single, $225,000 head of household, $300,000 joint, using delivery year or prior year AGI, whichever is less.
2025 cutoff?
No credit for acquisitions after Sept 30, 2025, unless a binding contract with payment predates it.
How to claim?
File Form 8936 with the VIN for the delivery year, keeping the dealer time of sale report.
Refundable?
Nonrefundable without transfer: it erases liability but pays no refund and carries nothing forward.