December 30, 2025
We want to alert you to a tax credit that is set to expire soon. You can claim a federal income tax credit for installing electric vehicle chargers or other alternative-fuel refueling equipment, but the credit disappears for anything you place in service after June 30, 2026.
You still have time to benefit, but you must act quickly.
The credit generally equals 30 percent of the cost of qualifying equipment. If you install equipment at your principal residence for personal use, you can claim a credit up to $1,000, provided your home sits in an eligible census tract.
If you install equipment for business use, you can claim much larger credits—up to $100,000 per item—and you can increase the credit rate from 6 percent to 30 percent when you meet specific wage and apprenticeship rules.
Strict location rules now block many taxpayers from qualifying, so we encourage you to check your proposed installation site before you move forward. To claim the credit, you must place the equipment in a low-income or non-urban census tract—an area that covers roughly 97 percent of the U.S. land mass.
You also must start as the original user of the equipment and install components that function together as an integrated refueling or charging system.
When equipment is used for both personal and business purposes, you must split the credit based on your actual use percentages. Businesses with fleets or multiple charging ports can secure substantial credits by properly allocating all associated costs, including chargers, pedestals, electrical panels, wiring, and smart-charge management systems.
You claim the credit on IRS Form 8911. Business credits flow to Form 3800, and personal credits flow to Schedule 3 of Form 1040. You must also reduce the equipment’s basis by the amount of the credit and follow recapture rules if the equipment stops qualifying.
If you plan to install charging equipment at your home or business, we recommend evaluating your project now so you don’t miss this valuable tax benefit. We can help you confirm eligibility, estimate your credit, and structure your installation to maximize savings.
If you have any questions, please feel free to reach out to our team!
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