Between the News
Analysis #102 Β· July 9, 2026 Β· 2 min read
Guide
EV Tax Credit 2026: What's Actually Left After It Ended
$7,500 new-EV and $4,000 used-EV credits expired Sept. 30, 2025Not available for vehicles acquired in 2026Home EV charger credit (30%, up to $1,000) still runs through June 30, 2026Some states still fund their own separate EV incentivesSource: irs.gov clean vehicle tax credits / One Big Beautiful Bill Act
πŸ‘Decoded
If you're shopping for an electric vehicle in 2026 expecting a federal tax credit, that credit is gone. The Section 30D credit for new EVs, worth up to $7,500, and the Section 25E credit for used EVs, worth up to $4,000, both expired September 30, 2025 under the One Big Beautiful Bill Act β€” years ahead of the 2032 expiration originally set when the credits were created under the 2022 Inflation Reduction Act. * There's one narrow exception that only helps people who acted before the cutoff: buyers who signed a binding purchase agreement and put money down on or before September 30, 2025 could still claim the credit even if delivery happened later, as long as the dealer documented the qualifying sale date with a "time of sale" report. That loophole doesn't help anyone buying new in 2026. * Not every EV-related credit disappeared, though. The Alternative Fuel Vehicle Refueling Property Credit β€” covering 30% of the cost of installing a home EV charger, up to $1,000 for a residential installation β€” is still active, but it has its own hard expiration date: June 30, 2026. * The federal picture isn't the whole picture, either. A number of states run their own EV incentive programs completely independent of federal law, including California, Colorado, New York, New Jersey, Oregon, Massachusetts, and Vermont, among others. These state programs vary widely in amount and eligibility and change frequently, so check your specific state's current program rather than assuming the federal expiration ended all EV incentives everywhere.
β€œThe federal EV tax credit didn't just shrink for 2026 β€” it's gone entirely, ended more than six years ahead of its original 2032 expiration.”
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