What actually applies now

Gone

Sections 30D, 25E, 45W were terminated for vehicles acquired after 2025-09-30. Terminated by OBBBA. Any tool showing these credits for a current purchase is wrong. We show them as expired, with the date.

Live: the $10,000 loan-interest deduction

  • AuthorityIRC 163(h)(4), OBBBA P.L. 119-21
  • Tax years2025–2028
  • New vehicles onlyYes
  • US final assembly requiredYes
  • Leases eligibleNo
  • Loan originated after2024-12-31
  • Phase-out begins$100,000 single · $200,000 joint

We test the assembly requirement per VIN from the federal plant-country field. Check a VIN.

Home-charger credit (30C) sunsets 2026-06-30. This page describes statute; it is not tax advice.