Federal EV and Charger Tax Credits in 2026: What's Still Available
Federal EV and Charger Tax Credits in 2026: What's Still Available
The federal $7,500 EV tax credit is gone, and the federal home charger credit has closed. As of October 2026, though, drivers in North Hollywood, Burbank, Studio City and across Los Angeles still have a short list of incentives that can lower the cost of going electric. This guide separates what ended from what's still available, using IRS, California and Toyota sources.
This information is provided for general educational purposes only and does not constitute tax or legal advice. Tax laws and incentive programs change, and eligibility depends on your individual circumstances. Consult a qualified tax professional or the program administrator for guidance on your situation.
What's Still Available: A Quick Status Check
| Incentive | Status as of October 2026 | Who it applies to |
|---|---|---|
| Federal new, used and commercial EV credits (§30D, §25E, §45W) | Ended for vehicles acquired after Sept. 30, 2025 | Only buyers with a binding contract and payment by that date |
| Federal charger credit (§30C) | Ended for chargers placed in service after June 30, 2026 | Chargers installed and operating by that date |
| Auto loan interest deduction | Available through 2028 | New, U.S.-assembled vehicles bought with a loan |
| California MyFirstEV | Available through participating automakers while funds last | First-time zero-emission vehicle buyers and lessees |
| Toyota MyNextEV (California) | Listed on Toyota's Southern California incentives page | Current California battery-electric owners buying a new Toyota EV |
| Clean Cars 4 All (Driving Clean Assistance Program) | Scrap-and-replace pathway open; financing pathway closed | Income-qualified California residents |
| LADWP and Burbank Water and Power charger rebates | Available; confirm current terms with your utility | Residential customers of each utility |
Sources: IRS FS-2025-05; IRS Form 8911 instructions; IRS Publication 6126; MyFirstEV launch announcement; Toyota Southern California incentives; DCAP eligibility; LADWP; Burbank Water and Power
Federal EV Purchase Credits Ended September 30, 2025
The One, Big, Beautiful Bill Act (Public Law 119-21) accelerated the end of three federal clean vehicle credits. Under IRS guidance, none of them can be claimed for a vehicle acquired after September 30, 2025.
| Credit | IRS section | Maximum value | What it covered | Status |
|---|---|---|---|---|
| New Clean Vehicle Credit | §30D | Up to $7,500 (IRS) | New battery-electric, plug-in hybrid and fuel cell vehicles | Not allowed for vehicles acquired after Sept. 30, 2025 |
| Previously-Owned Clean Vehicle Credit | §25E | Up to $4,000 (IRS) | Qualifying used clean vehicles bought from a dealer for $25,000 or less | Not allowed for vehicles acquired after Sept. 30, 2025 |
| Qualified Commercial Clean Vehicle Credit | §45W | Up to $7,500 under 14,000 lb; up to $40,000 for heavier vehicles (CRS) | Commercial clean vehicles | Not allowed for vehicles acquired after Sept. 30, 2025 |
The One Exception: Acquired by September 30, 2025
The IRS treats a vehicle as "acquired" when both of these have happened:
- A written binding contract has been signed.
- A payment has been made. The IRS says this includes a nominal down payment or a vehicle trade-in.
If both happened on or before September 30, 2025, the buyer can claim the credit when the vehicle is placed in service, meaning when they take possession, even if that happens after the deadline. Taxpayers should receive a time-of-sale report from the dealer at delivery or within three days. The credit's original requirements still apply, so confirm details with a tax professional. Keep your contract, payment record and time-of-sale report with your tax records.
What This Means for 2026 Shoppers
- A vehicle acquired now, new or used, doesn't qualify for a federal purchase credit.
- Taking delivery in 2026 doesn't qualify on its own. The acquisition date decides.
- The savings that remain are covered in the sections below.
This information is provided for general educational purposes only and does not constitute tax or legal advice. Tax laws and incentive programs change, and eligibility depends on your individual circumstances. Consult a qualified tax professional or the program administrator for guidance on your situation.
Sources: IRS FS-2025-05; IRS new clean vehicle credit; IRS used clean vehicle credit; Congressional Research Service
The Federal Charger Credit (§30C) Closed June 30, 2026
The Alternative Fuel Vehicle Refueling Property Credit can't be claimed for property placed in service after June 30, 2026. If your home or business charger was installed and operating on or before that date in an eligible location, you can still claim it for the tax year it was placed in service. A charger installed now doesn't qualify.
Credit Amounts
| Property | Credit | Maximum per item | Condition |
|---|---|---|---|
| Home charger at your main home | 30% of cost | $1,000 | Eligible census tract |
| Business or organization charger | 6% of cost | $100,000 | Eligible census tract |
| Business charger meeting prevailing wage and apprenticeship rules | 30% of cost | $100,000 | Eligible census tract; Form 7220 |
What Counted Toward the Home Credit
For a home charger, the IRS counts the charging port as the single item and treats related equipment as associated property:
| Item | Counts toward the credit | Note |
|---|---|---|
| Charger and connector | Yes | Directly attributable to the charging port |
| Wall mount | Yes | Must be designed to support the charging port |
| New electric panel, conduit and wiring | Yes, in some cases | Only if they serve solely the charger; otherwise some or all of the cost is excluded |
| Installation labor | Yes | Keep receipts and itemized invoices |
| Bidirectional charging equipment | Yes | Qualifies even though it can discharge a vehicle battery to an outside load |
Checking Your Census Tract
The credit requires an eligible census tract, meaning a low-income community or a non-urban tract. The IRS method is to look up your address's 11-digit tract ID (GEOID) with the Census Bureau's tool, then check it against the IRS Appendix B list.
How to Claim a Charger Placed in Service by June 30, 2026
- Confirm the charger was in an eligible census tract.
- Gather purchase receipts and installation invoices, including labor.
- Complete Form 8911 and a Schedule A (Form 8911) for each charger, filed with your return for the year it was placed in service.
- Businesses report the business portion as a general business credit on Form 3800. Partnerships and S corporations file Form 8911 themselves, and prevailing-wage projects also need Form 7220.
- Know the limit: the personal credit is nonrefundable, and any unused personal portion is lost, with no carryback or carryforward.
This information is provided for general educational purposes only and does not constitute tax or legal advice. Tax laws and incentive programs change, and eligibility depends on your individual circumstances. Consult a qualified tax professional or the program administrator for guidance on your situation.
Sources: IRS Form 8911 instructions; IRS Publication 6027; IRS 30C page; Census tract lookup; IRS Appendix B
Auto Loan Interest Deduction: Available Through 2028
The same law created a federal deduction for interest on a loan used to buy a new vehicle, as explained in IRS Publication 6126. It isn't limited to electric vehicles.
Who Qualifies
| Requirement | What it means |
|---|---|
| Deduction amount | Up to $10,000 of loan interest per year, for tax years 2025 through 2028 |
| How to claim | Schedule 1-A with the vehicle's VIN; available whether you itemize or take the standard deduction |
| Vehicle | New, for personal use, under 14,000 lb GVWR, with final assembly in the United States |
| Loan | Originated after Dec. 31, 2024 and secured by a first lien on the vehicle |
| Leases | Lease payments don't qualify, because the deduction applies to loans used to buy a vehicle |
| Refinancing | Refinanced loans can qualify, generally including interest on the refinanced amount |
Income Phase-Out
| Threshold (MAGI) | Single | Married filing jointly |
|---|---|---|
| Phase-out begins | 100,000 | 200,000 |
| Fully eliminated | 150,000 | 250,000 |
Checking Final Assembly
The IRS says to confirm U.S. final assembly from the information label on the vehicle at the dealership, the VIN, or the NHTSA VIN decoder. Assembly location varies by model. Toyota's Georgetown, Kentucky plant makes every Camry sold in North America and began producing the RAV4 Hybrid there in June 2026. Always verify the specific vehicle before relying on the deduction. Loan approval and terms are subject to the lender's credit approval.
This information is provided for general educational purposes only and does not constitute tax or legal advice. Tax laws and incentive programs change, and eligibility depends on your individual circumstances. Consult a qualified tax professional or the program administrator for guidance on your situation.
Sources: IRS Publication 6126; Thomson Reuters Tax & Accounting; NHTSA VIN decoder; WEKU: Toyota Kentucky; Toyota Kentucky RAV4 Hybrid
California's MyFirstEV Rebate for First-Time EV Buyers
California's MyFirstEV program gives first-time zero-emission vehicle (ZEV) buyers and lessees an instant discount at the dealership, applied at the point of sale. It launched Aug. 7, 2026 with Hyundai/Genesis, Lucid and Tesla, and Toyota was among the 13 participating automakers, with Toyota and Lexus slated for September, per the state's launch announcement. It's funded by a one-time $135.5 million state appropriation that participating automakers match, and it runs first-come, first-served until funding runs out.
New vs. Used
| Detail | New ZEV | Used ZEV |
|---|---|---|
| Rebate | 3,500 | |
| Price cap | MSRP of $50,000 or less | Purchase price of $25,000 or less |
| Where it's sold | Participating automaker | Manufacturer certified pre-owned programs only |
| Vehicle age | Model year 2026 and newer | At least two model years older than the year of purchase |
Manufacturer's Suggested Retail Price (MSRP) for new vehicles includes manufacturer and distributor options and delivery, process and handling fees, which may be subject to change at any time. MSRP excludes taxes, title, license and dealer installed options, accessories, fees and charges. MSRP is not the dealer advertised price. Dealer price will vary. The dealer sets the final price.
Who Qualifies
| Requirement | Detail |
|---|---|
| Residency and first-time status | California resident who is a first-time ZEV buyer or lessee, confirmed by a signed self-attestation |
| Limit | One incentive per person for the life of the program |
| Vehicle type | Battery-electric and fuel cell vehicles only. Plug-in hybrids aren't eligible |
| Timing | Vehicles ordered or purchased before an automaker starts offering the incentive don't qualify |
| Registration | Vehicles must be delivered and registered to a California address |
| Stacking | Can be combined with the Driving Clean Assistance Program and Clean Cars 4 All |
Sources: California Air Resources Board MyFirstEV FAQ; State launch announcement
Toyota's California EV Offers
Toyota's Southern California incentives page lists a MyFirstEV offer on the 2026 and 2027 C-HR running through Nov. 2, 2026, split as $1,750 from CARB and $1,750 from Toyota. Toyota's published MyFirstEV offer lists the bZ, bZ Woodland and C-HR as eligible models. Toyota also offers its own MyNextEV incentive for current battery-electric owners. Offer dates change, so confirm with the dealership that an offer is active on the specific vehicle before you buy.
| Offer | Who qualifies | Amount | Eligible models |
|---|---|---|---|
| MyFirstEV | First-time ZEV buyers and lessees in California | 3,500(1,750 CARB + $1,750 Toyota) | bZ, bZ Woodland, C-HR |
| MyNextEV | Current California battery-electric owners | $2,500 from Toyota | bZ, bZ Woodland, C-HR |
Sources: Toyota Southern California incentives; CarsDirect: Toyota MyNextEV
Clean Cars 4 All and the Driving Clean Assistance Program
For income-qualified residents, California's Driving Clean Assistance Program (DCAP) has two pathways. Status as DCAP posted on Aug. 21, 2026:
| Detail | Scrap and replace (Clean Cars 4 All) | Financing assistance |
|---|---|---|
| Status | Open | Closed |
| Vehicle incentive | Up to $10,000, or $12,000 in disadvantaged communities | Up to $7,500 |
| Other | $2,000 charge card or 7,500mobilityoption |
Applicants must be California residents, 18 or older, with household income under 300% of the Federal Poverty Level, and must apply before buying or leasing. South Coast AQMD runs the regional "Replace Your Ride" version serving much of Los Angeles County, and its openings can differ from DCAP's. Check both for current availability.
Sources: Driving Clean Assistance Program
Home Charger Rebates From Local Utilities
Utility rebates are separate from federal tax credits and depend on which utility serves your address. Two Los Angeles-area programs:
| Detail | LADWP (Charge Up LA! Residential) | Burbank Water and Power |
|---|---|---|
| Who qualifies | Residential account holders | Residential customers |
| Base rebate | Up to 1,000 | |
| Add-ons | $500 more for Lifeline or EZ-SAVE households; 250foradedicatedEVmeter | |
| Maximum | Up to $1,500, plus the 250meterrebate | |
| Charger requirement | Level 2 (240-volt) | Level 2, J1772, 3.3 kW minimum; up to two stations per residence |
| Time-of-use rates | EV rate discount available | Rebate recipients are enrolled in time-of-use rates for one year after approval |
See our guide to LADWP time-of-use EV charging rates for how the LADWP discount works. Customers of other utilities should check their own program terms.
Sources: LADWP rebate program; California Air Resources Board incentive database; Burbank Water and Power rebate; Burbank Water and Power FAQ
Matching Toyota Electrified Models to the Incentives
North Hollywood Toyota's Toyota electrified lineup includes battery-electric and plug-in hybrid models, and which incentives apply depends on the powertrain. For the plug-in hybrid, see the 2026 Toyota RAV4 Plug-in Hybrid features and fuel economy and the RAV4 Plug-in Hybrid vs. Prius Plug-in Hybrid comparison.
Models at a Glance
| Model | Powertrain | Range | Charging port | MyFirstEV |
|---|---|---|---|---|
| 2027 bZ | Battery-electric | Estimated total driving range of 236 to 314 miles, depending on configuration | NACS | Eligible category, subject to the price cap and Toyota's offer |
| 2027 bZ Woodland | Battery-electric | Estimated 281 miles with all-season tires; 260 miles with all-terrain tires | NACS | Eligible category, subject to the price cap and Toyota's offer |
| 2026 RAV4 Plug-in Hybrid (SE) | Plug-in hybrid | EPA-Estimated up to 54 miles of all-electric range | J1772 | Not eligible |
EPA-estimated fuel economy figures are for comparison purposes only. Your actual mileage will vary depending on driving conditions, how you drive and maintain your vehicle, battery age/condition, and other factors.
Charging Notes
- The bZ has an 11 kW onboard AC charger, and under ideal conditions DC fast charging can take the battery from 10% to 80% in approximately 30 minutes, per Toyota and Toyota's 2026 bZ release.
- The RAV4 Plug-in Hybrid SE uses a 7 kW onboard charger and does not offer DC fast charging, per Consumer Reports.
- Federal purchase credits no longer apply to any of these models.
Sources: Toyota bZ newsroom; Toyota bZ Woodland newsroom; Toyota RAV4 Plug-in Hybrid; CARB MyFirstEV FAQ
Frequently Asked Questions
Is the $7,500 federal EV tax credit still available in 2026?
No. The §30D credit isn't allowed for vehicles acquired after September 30, 2025, per IRS guidance. The only exception is a buyer who had a binding written contract and had made a payment on or before that date.
Can I still claim the home charger credit?
Only if the charger was placed in service on or before June 30, 2026 in an eligible census tract. Claim it with Form 8911 on the return for the year it was placed in service, following the IRS instructions.
Can businesses still claim the charger credit?
The same June 30, 2026 placed-in-service deadline applies. The credit is 6% of cost, or 30% when prevailing wage and apprenticeship rules are met, with a $100,000 cap per item.
Does a 2026 delivery qualify if I signed in 2025?
Only if both the binding written contract and a payment happened on or before September 30, 2025.
Does the auto loan interest deduction apply to a lease?
No. It applies to interest on a loan for a new, personal-use vehicle with U.S. final assembly, per IRS Publication 6126.
Do plug-in hybrids qualify for MyFirstEV?
No. Only battery-electric and fuel cell vehicles qualify.
Are local utility rebates part of the federal credit?
No. They are separate programs with their own terms, so check with your utility.
Explore Toyota Electrified Vehicles at North Hollywood Toyota
North Hollywood Toyota serves drivers in Toluca Lake, Valley Village, Burbank, Studio City, Sun Valley, Valley Glen and across Los Angeles. Our team can help you understand current vehicle availability.
Visit us at 4606 Lankershim Blvd, North Hollywood, CA 91602, or call (818) 369-3922.
Sources
- IRS FS-2025-05: FAQs on termination of energy credits
- IRS: Credits for new clean vehicles
- IRS: Used clean vehicle credit
- Congressional Research Service: Federal EV tax credits
- IRS Instructions for Form 8911
- IRS: Alternative Fuel Vehicle Refueling Property Credit
- IRS Publication 6027: Individuals, Electric Vehicle Chargers, and the Alternative Fuel Vehicle Refueling Property Credit
- IRS Publication 6126: Vehicle loan interest deduction
- Thomson Reuters Tax & Accounting: Vehicle loan interest deduction
- Census Bureau 2020 census tract lookup
- IRS Appendix B: 30C eligible census tracts
- NHTSA VIN decoder
- WEKU: Toyota Georgetown plant and the hybrid-only Camry
- Toyota Kentucky begins RAV4 Hybrid assembly
- California Air Resources Board: MyFirstEV FAQ
- California launches MyFirstEV rebate program
- Toyota Southern California incentives
- CarsDirect: Toyota MyNextEV discount
- Driving Clean Assistance Program eligibility
- LADWP Residential EV Charger Rebate Program
- California Air Resources Board incentive database: LADWP Charge Up LA!
- Burbank Water and Power residential EV charger rebate
- Burbank Water and Power residential rebate FAQ
- Toyota Newsroom: 2027 bZ
- Toyota Newsroom: 2026 bZ
- Toyota Newsroom: 2027 bZ Woodland
- Toyota: 2026 RAV4 Plug-in Hybrid
- Consumer Reports: 2026 RAV4 Plug-in Hybrid
Disclaimers
Tax information: This information is provided for general educational purposes only and does not constitute tax or legal advice. Tax laws and incentive programs change, and eligibility depends on your individual circumstances. Consult a qualified tax professional or the program administrator for guidance on your situation.
MSRP: Manufacturer's Suggested Retail Price (MSRP) for new vehicles includes manufacturer and distributor options and delivery, process and handling fees, which may be subject to change at any time. MSRP excludes taxes, title, license and dealer installed options, accessories, fees and charges. MSRP is not the dealer advertised price. Dealer price will vary. The dealer sets the final price.
Fuel economy: EPA-estimated fuel economy figures are for comparison purposes only. Your actual mileage will vary depending on driving conditions, how you drive and maintain your vehicle, battery age/condition, and other factors.