Illinois Electric Vehicle Rebate Program Application Form July 1, 2022-2025

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If you qualified vehicle refueling and recharging property at your home, including electric vehicle charging equipment, you may be eligible for a credit of up to $1,000 for each item of property.
(WTVO) Illinois is offering a $4,000 rebate on the purchase of an electric vehicle, starting this month. The Illinois General Assembly appropriated $14 million for the rebate program, which opens January 21st, 2025, and will remain open until April 30th, or until the funding runs out.
Keep all documentation, including receipts verifying your purchase and any associated labor costs for installation. When filing your tax return for the year when your property was placed in service, claim the Alternative Fuel Vehicle Refueling Property Credit using Form 8911 PDF.
Vehicles that meet the critical mineral requirements are eligible for a $3,750 tax credit, and vehicles that meet the battery component requirements are eligible for a $3,750 tax credit. Vehicles meeting both the critical mineral and the battery component requirements are eligible for a total tax credit of $7,500.
Illinois Rebates Illinois residents purchasing a new or used all-electric passenger vehicle ($4,000) or all-electric motorcycle ($1,500) from an Illinois licensed dealer are eligible for the rebate. Applicants must apply during the rebate cycle window and within 90 days of purchase of the vehicle.
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Filing Tax Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit. You can claim the EV tax credit for your qualifying electric vehicle. Learn how to use Form 8936 to get the Plug-In Electric or Clean Vehicle Credit on your return.

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