
You may be eligible for a one-time excise tax credit, up to $3000.00, when you purchase a qualifying plug-in electric vehicle. Effective July 1, 2017 through June 30, 2020, an individual may be entitled to receive an excise tax credit on a qualifying plug-in electric vehicle regardless of whether they own or lease the vehicle. Business entities may also qualify for the tax credit on up to ten vehicles.
The criteria for a qualifying plug-in electric vehicle are as follows:
- The vehicle must be made by a manufacturer primarily for use on public streets, roads and highways.
- The vehicle cannot be modified from the manufacturer's specifications.
- The vehicle must be a new vehicle and titled for the first time on or after July 1, 2017, but before July 1, 2020.
- The vehicle must be acquired for use or lease by the taxpayer, and not for resale.
- The vehicle must be capable of being recharged from an external source of electricity.
- Has a total purchase price not exceeding $60,000
- Has a battery capacity of at least 5.0 kilowatt-hours
Credit request received are subject to the availability of funding and will be processed in the following amounts:
- $100 times the kilowatt-hours of battery capacity of the vehicle.
- Vehicles with 30 kilowatt-hours and above will only qualify for the maximum allowed of $3,000.
If you have purchased a plug-in electric vehicle from a Maryland dealer, the dealer will assist you with completing the proper form for the tax credit, you may download the Excise Tax Request for a Plug-in Electric Vehicle (VR-334) form.
Fees:
• There is no fee for applying for the tax credit.
Credit requests received are subject to the availability of funding and will be calculated accordingly.
Contact Information:
MVA
Excise Tax Refund Unit
6601 Ritchie Highway, NE, Room 202
Glen Burnie, MD 21062
For telephone questions:
MVA Customer Service Center: | 1-410-768-7000 |
TTY/Hearing Impaired: | 1-301-729-4563 |