Deductions & credits

If you installed a charger (like a tesla wall charger) you get back 30 percent of the cost of the installation and wall charger unit. For personal use you can get back up to 30 percent. The credit can only be used once and can not be carryforward to next year (use it or lose it). There are some catches. Though if you have maxed out amount of credit  or have used most of the credit. Then you will only get a portion. For me I purchased a tesla and got 7500 back. The install and cost of a charger was 2k. 30% percent of that was 600 dollars credit. Since I got 7500 from the tesla I would only get 200 of the 600. Since you can not carry forward this credit I can not claim it on next yr taxes.  

 

It all depends on you tax situation to know if this worth it or not.