The federal tax credit for EV charging equipment, Section 30C of the Internal Revenue Code, does not apply to property placed in service after June 30, 2026. The 2025 budget reconciliation law moved the termination date forward from the end of 2032.
What the credit was
Under the Inflation Reduction Act rules in effect from 2023:
- Businesses could claim up to 30 percent of the cost of each item of charging property, capped at $100,000 per item, if the project met prevailing-wage and apprenticeship requirements. The base rate without them was 6 percent.
- Individuals could claim 30 percent, up to $1,000, for home charging equipment.
- In both cases, the property had to be in an eligible census tract: a low-income community or a non-urban area.
What to do now
- Equipment placed in service on or before June 30, 2026 may still qualify on the return for that tax year, if it met the other requirements. Talk to a tax professional, and keep records showing the in-service date.
- New projects should not count on 30C in their financial models. Look instead at state incentives, utility make-ready programs and remaining federal grant programs. The AFDC laws and incentives database is the best place to start.
This article is general information, not tax advice.