
How Do Electric Car Tax Credits Work in Kentucky?
Have you purchased an electric car in the last year? Whether you made the switch to a Ford Mustang Mach-E, Escape Plug-In Hybrid model or any other qualifying EV, you can enjoy exceptional savings when filing your end-of-year taxes. That's because you can receive up to $7,500 in credit against the federal income taxes you owe when you buy an eligible electric vehicle. To learn more about the federal EV tax rebate or the new Ford electric vehicle lineup, our Ford dealership near Paducah is just a call away!


How Do I Get My Electric Car Tax Credit?
You'll be able to claim up to $7,500 in credit against the federal income taxes you owe when you file your taxes. You can only claim this credit during the year in which you purchased your qualifying vehicle. If you're also eligible for a tax refund, you'll receive both the refund and federal tax credit.
Can I Get an Electric Car Tax Credit on a Used Car?
No. The federal tax credit is applicable only to new car purchases made during the year in which you're filing your taxes.
Can I Get an EV Tax Credit If I Lease?
No, you are only eligible for the federal electric car tax rebate if you purchase your vehicle.
Which Ford EVs are Eligible for Tax Credits?
Use our handy chart below to figure out the full tax credit on your 2021 or 2022 Ford electric vehicle. Reach out to our Ford financing specialists if you have any questions about vehicle eligibility or about how to claim your federal EV tax rebate!
Does Ford Have an EV Tax Credit?
Under the current federal EV tax credit program, a Kentucky Ford EV could qualify for a federal tax credit of up to $7,500. For 2023, this program will expand to include a used EV tax credit, which means that a If you’re interested in learning more about electric vehicle tax credit qualifications for Ford EV trucks and SUVs, get in touch with our dealer near Paducah. We’re ready to help you get the most out of an EV tax credit on your Ford.
Does Kentucky Have an Electric Vehicle Tax Credit?
No, Kentucky does not offer an EV tax credit or incentive. However, you might still be eligible for the federal EV tax credit of up to $7,500. Visit our Mayfield Ford dealership to learn more about how Kentucky drivers can claim a tax credit on their electric vehicles.
2021 Electric Vehicles & Tax Credits
Ford Mustang Mach-E (First Edition Premium, California Route 1, Premium, Select, and GT) | EV | $7,500 |
---|
2022 Electric Vehicles & Tax Credits
Ford Escape Plug-In Hybrid | PHEV | $6,843 |
---|---|---|
Ford Mustang Mach-E (Premium, Select, and GT) | EV | $7,500 |
Ford E-Transit | EV | $7,500 |
Contact Purchase Ford to learn more about how you could receive an EV tax credit. Don’t forget to take a peek at our selection of Ford EVs near Paducah for an amazing price on a local electric vehicle. No matter if you’re interested in a Ford EV truck or an electric SUV, we’re here to help nearby Ford drivers get the most out of an EV purchase.
1 Information listed here is accurate at time of publishing. Tax credits are subject to change.