Are there any state-specific EV tax credits with higher income limits

Are there any state-specific EV tax credits with higher income limits

Here’s an analysis of state-specific EV tax credits with income limits based on available data:

Income-related programs

Some states explicitly incorporate income levels into their EV incentive structures, though specifics vary:

  • California offers up to $7,500 in credits, but current guidelines don’t clearly specify income limits in the available data.
  • Maine provides a $7,500 credit, though no income thresholds are explicitly mentioned here.
  • New Jersey exempts EV purchases from sales tax, which applies regardless of income.

The search results indicate that five states offer both incentives and EV registration fees, but only generic notes reference income qualifications with “(e) Varies by income level” in the table key without identifying specific states. No state programs with explicitly higher-than-average income limits are detailed in the available sources, though certain local/regional programs (marked “(c)” in the data) may incorporate income considerations.

For the federal EV tax credit (available in all states), income limits apply ($300k married/$225k head-of-household/$150k single). State programs often layer on top of this federal credit rather than override its income restrictions.

Recommendation: Check individual state energy department websites for updated 2024-2025 income thresholds, as programs like Colorado’s (not mentioned here but known to have income caps) frequently update requirements. The DOE maintains a search tool for current incentives.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-state-specific-ev-tax-credits-with-higher-income-limits/

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