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Electric Vehicle (EV) Rebates Purchase TimeframeRebate Amount July 1, 2022 June 30, 2026 $4,000 July 1, 2026 June 30, 2027 $2,000 Beginning July 1, 2028 $1,500
To qualify for a new car tax credit, your household income must have an adjusted gross income of up to $300,000. If youre filing as head of household, you must earn below $225,000, and individual filers will qualify only with income below $150,000.
Illinois residents that purchase a new or used all-electric vehicle from an Illinois licensed dealer may be eligible for an Illinois Electric Vehicle Rebate in the amounts set forth below. A $4,000 rebate for the purchase of an all-electric vehicle that is not an electric motorcycle.
How to Get Your Rebates. If the electric vehicle youre purchasing or leasing qualifies, you should receive the incentive directly from the dealership at the point of sale. Following an EV sale, the dealership is responsible for submitting a claim for reimbursement through the federal incentive program.
Prepare the following documents: Bill of sale, purchase invoice, or agreement from an Illinois dealership. Proof of purchase (like a canceled check or loan documents). Illinois vehicle registration or temporary permit.
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For clean vehicles placed in service beginning April 18, 2023, the new Clean Vehicle Credit is made up of two requirements that total to $7,500 ($3,750 each) - battery components and critical minerals. Youll need to meet each requirement to claim each portion of the Clean Vehicle Credit on Form 8936.
Consumers who purchase qualified residential charging equipment may receive a tax credit of 30% of the cost, up to $1,000.
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 that docHub as low income are given priority in disbursement of the rebates.

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