$3,750 EV Tax Credit April 2025: Check Eligibility, Amount & Deposit Date

Taxpayers who buy eligible electric or plug-in hybrid vehicles are expected to receive a $3,750 EV Tax Credit April 2025, which is a nonrefundable tax credit. Applicant’s income must be below a particular criterion to qualify, and the car one intends to buy must also adhere to many IRS requirements, such as manufacturing rules and pricing caps. In 2024, taxpayers had an option to transfer the tax credit to a qualified dealership rather than claiming it on their subsequent tax returns. This enables the dealer to provide an instant point-of-sale discount by reducing the vehicle’s price by the matching credit amount. To claim this tax credit for April, one must meet the $3,750 EV Tax Credit Eligibility Criteria 2025 discussed further in this article. However, we do not conclude that this payment amount will arrive in April 2025, thus, it is recommended to visit the official website regularly at www.irs.gov. 

$3,750 EV Tax Credit April 2025

The $3,750 EV Tax Credit, a nonrefundable tax credit, is anticipated to be given to taxpayers who purchase qualified electric or plug-in hybrid vehicles in April 2025. To be eligible, an applicant’s income must fall below specific thresholds, and the vehicle they plan to purchase must comply with several IRS regulations, including manufacturing guidelines and price restrictions. The $3,750 EV Tax Credit April 2025 is not quite correct. The Inflation Reduction Act provides a $7,500 federal tax credit for electric automobiles. This credit, which has a basic amount of $4,000 and an extra $3,500 if the battery pack has at least 40 kilowatt-hours of capacity, is determined by the vehicle’s battery capacity. To find out more about this tax credit payment for the beneficiaries scheduled for April 2025, read the article.

$3,750 Electric Vehicle Tax Credit Payment 2025

About	$3,750 Electric Vehicle Tax Credit Payment 2025
Year	2025
$3,750 EV Tax Eligibility 2025	Refer to the article
Expected Benefited Amount 2025	$3,750
Tax Credit Type	Electric Vehicle
Category	Finance
Official Link	www.irs.gov

$3,750 EV Tax Credit Eligibility Criteria 2025

The criteria to satisfy the $3,750 EV Tax Eligibility 2025 are discussed below: 

• Income limits: For single filers, your modified adjusted gross income must be less than $150,000; for heads of household, it must be less than $225,000; and for married couples filing jointly, it must be less than $300,000.
• Vehicle Requirements: The EV must be a brand-new, eligible fuel cell or plug-in electric vehicle with a minimum seven kWh battery capacity.
• Manufacturer Qualification: The car must be constructed by a certified manufacturer and put together in North America.
• Vehicle Weight standard: Based on the gross vehicle weight standard, the EV must weigh less than 14,000 pounds.
• Price Range: For vans, sport utility vehicles, and pickup trucks, the manufacturer’s suggested retail price must be less than $80,000; for other vehicles, such as sedans and passenger cars, it must be less than $55,000.

Which Automobiles Qualify for the EV Tax Credit In 2025?

If delivered on or after January 1, 2025, the following fully electric and plug-in hybrid vehicles may be eligible for a full or partial tax credit as of March 2025.

Car Model	EV Tax Credit Amount	MSRP Limit
Acura – ZDX (2024-25)	$7,500	$80,000
Cadillac -LYRIQ (2024-25)	$7,500	$80,000
Cadillac – OPTIQ (2025)	$7,500	$80,000
Chevrolet
Blazer EV: LT, RS and SS (2024-2025)	$7,500	$80,000
Equinox EV: LT and RS (2024-2025)	$7,500	$80,000
Silverado EV: LT Model (2025)	$7,500	$80,000
Chrysler – Pacifica PHEV (2024-2025)	$7,500	$80,000
Ford
F-150 Lightning FLASH Trim (2024-25)	$7,500	$80,000
F-150 Lightning: LARIAT and XLT Trim (2023–2025)	$7,500	$80,000
Honda – Prologue (2024-2025)	$7,500	$80,000
Jeep – Wagoneer S (2025)	$7,500	$80,000
Kia
EV6 (2026)	$7,500	$80,000
EV9 (2026)	$7,500	$80,000
Tesla
Cybertruck: Single and Dual Motor (2025)	$7,500	$80,000
Model 3 Long Range: AWD and RWD (2025)	$7,500	$55,000
Model 3 Performance (2025)	$7,500	$55,000
Model X AWD (2025)	$7,500	$80,000
Model Y Long Range: AWD and RWD (2025)	$7,500	$80,000
Model Y Performance (2025)	$7,500	$80,000

How to Claim $3,750 EV Tax Credit April 2025

You must do the following to Claim $3,750 EV Tax Credit April 2025:

• Verify your eligibility by making sure you make the required income, which is $150,000 for single filers, $225,000 for heads of household, and $300,000 for married couples filing jointly.
•  Make sure the car you are buying qualifies. 
• Now, either submit Form 8936 to the IRS to claim the credit on your tax return or at the time of sale, you can give the dealer the credit, which will enable them to deduct the credit amount from the vehicle’s price.
• The new and used EV tax credits are available immediately at the moment of sale as of January 1, 2024.
• Be sure that even if you don’t typically pay taxes, you will still need to file a tax return and give the Vehicle Identification Number (VIN) on Form 8936.

$3,750 EV Tax Credit April 2025: Fact Check

Result of Fact Check: Partially True 

• $3,750 EV tax credit, April 2025 is partially true. If an electric vehicle is delivered on or after April 18, 2023, and only meets one of the conditions, it may be eligible for a $3,750 tax credit before 2025. But as of 2025, the EV tax credit’s regulations have altered.

• The new regulations allow qualifying automobiles to get up to a $7,500 tax credit.Half The car must fulfill both the key minerals and battery component requirements in order to be eligible for the entire $7,500 credit.

• A $3,750 tax credit was available for a few cars, including the Nissan LEAF, Rivian R1T, and Rivian R1S, but it was taken away in January 2025.

FAQs On $3,750 EV Tax Credit 2025