EV Tax Credits explained for the Mach-E and other EVs (including home charger credit)

If you bought a Mach E or other EV in 2021, you can claim up to a $7,500 EV tax credit on your federal taxes. There are also some other tax credits and incentives that you may qualify for from your state or even your energy company.

Useful resources:

IRS EV Tax Credit info -
https://www.irs.gov/forms-pubs/about-form-8936

IRS Home EV Charger Credit info -
https://www.irs.gov/forms-pubs/about-form-8911

Search for state and local tax credits & incentives -
https://afdc.energy.gov/laws/search

Look up the amount of tax credit per vehicle -
https://www.irs.gov/businesses/irc-30d-new-qualified-plug-in-electric-drive-motor-vehicle-credit

EV Tax Credit Phase Out Tracker -
https://evadoption.com/ev-sales/federal-ev-tax-credit-phase-out-tracker-by-automaker/

0:00 Introduction
0:45 Federal EV Tax Credit
4:03 EV Tax Credit Phase-Out
6:39 EV Tax Credit Examples
9:22 EV Home Charger Tax Credit
11:29 Other Tax Credits & Incentives

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