Titling - Excise Tax Credit for Plug-in Electric Vehicles

Please be advised, funding is no longer available for the one-time excise tax credit for a qualifying plug-in electric or fuel electric vehicle.  If you have any questions, please ​contact u​s.


You may be eligible for a one-time excise tax credit, up to $3,000, when you purchase a qualifying zero-emission plug-in electric or fuel cell electric vehicle.  Effective July 1, 2023, based on funding availability, an individual may be entitled to receive an excise tax credit on a qualifying zero-emission plug-in electric or fuel cell electric vehicle regardless of whether you own or lease the vehicle. Business entities may also qualify for the tax credit on up to ten vehicles.

Subject to available funding, a credit is allowed for the purchase of a zero-emission plug-in electric or fuel cell electric vehicle. The credit may not exceed $3,000.​

The criteria for a qualifying zero-emission plug-in electric or fuel cell electric vehicles 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 purchased and titled for the first time on or after July 1, 2023, but before July 1, 2027.
  • The vehicle must be acquired for use or lease by the taxpayer, and not for resale.
  • The vehicle has a battery capacity of at least 5 kilowatt-hours, or if a motorcycle or auto cycle, has a battery capacity of at least 4.0 kilowatt-hours (applies only to plug-in electric)
  • The vehicle has a base purchase price not exceeding $50,000.
The credit allowed is:
  • $1,000 for a 2-wheeled, zero emission plug in electric drive or fuel cell electric motorcycle.
  • $2,000 for a 3-wheeled, zero emission plug in electric drive or fuel cell electric motorcycle.
  • $3,000 for a zero-emission plug in electric drive or fuel cell electric vehicle. 
Note: The Base Purchase Price for the vehicle is the prominent price displayed on the window sticker of the vehicle. The base purchase price is the price before options and does not include optional upgrades, shipping charges, taxes, fees, or calculation of a trade-in allowance.

Form in English and Spanish:
  • Excise Tax Request for a Plug-in Electric Vehicle or Fuel Cell Electric Vehicle (VR-334​
  • Solicitud de Crédito de Impuestos al Consumo para Vehículos con Enchufe Eléctrico o a Pila de Combustible (VR-334S​)
Submit a completed VR-334 form, copy/image of the window sticker, and a copy of the bill of sale to us via email.

Tax credit requests received are subject to the ava​ilability of funding and will be calculated accordingly.

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EV Tax Credit FA​Q​​

What are the criteria to qualify?

 

The criteria for a qualifying zero-emission plug-in electric or fuel cell electric vehicles 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 purchased/leased and titled for the first time on or after July 1, 2023, but before July 1, 2027.
  • The vehicle must be acquired for use or lease by the taxpayer, and not for resale.
  • The vehicle has a battery capacity of at least 5 kilowatt-hours, or if a motorcycle or auto cycle, has a battery capacity of at least 4.0 kilowatt-hours (applies only to plug-in electric)
  • The vehicle has a base purchase price not exceeding $50,000.
​Example 1. Susan purchased an electric vehicle with a Monroney sticker base price of $47,240 but added custom options that added $8,000. Including the $1,390 destination fee and $250 order fee, the total vehicle price is $56,880. Since the base price of $47,240 does not exceed $50,000, Susan would qualify for the credit. (Sample Qualifies Monroney Sticker​)

Example 2. Bob purchased an electric vehicle with a Monroney sticker base price of $56,995 but the sale included a manufacturer rebate that brought the total vehicle price under $50,000. Even though Bob’s vehicle sale was under $50,000, Bob would not qualify for the credit since the base purchase price exceeds $50,000. (Sample No Credit Monroney Sticker​)



How do I apply for the tax credit?

 

a. VR-334: Complete and certify an VR-334 Application (Excise Tax Credit Request for Plug-In Electric or Fuel Cell Vehicle)​

b. Scan the vehicle’s original Monroney sticker

c. Submit completed form & Monroney sticker image/photo to MVAElectricRefunds@mdot.maryland.gov or mail to: Maryland Motor Vehicle Administration, Excise Tax Refund Unit, 6601 Ritchie Highway NE Room 202 Glen Burnie, MD 21062.​





How do I calculate the tax credit for my vehicle?

 

The credit allowed shall equal:
  • ​$3,000 for a zero-emission plug-in electric drive or fuel cell electric vehicle.
  • $1,000 for a two-wheeled, zero emission plug in electric drive or fuel cell electric motorcycle.
  • $2,000 for a 3-wheeled, zero emission plug in electric drive or fuel cell electric motorcycle.


When will I receive my tax credit?

 

The Maryland MVA processes program applications, but the credit is prepared by the State Comptroller’s Office in Annapolis. Upon approval, you should receive the credit within 8-10 weeks, but you may contact us via ContactMVA​ if you do not receive the credit.​

My small business is purchasing electric vehicles – will my business qualify?

 
Yes, however the credit is limited to one vehicle per individual and ten (10) vehicles per business entity.​

I need assistance completing my application (VR-334) – who can I contact?

 
Please submit your questions to ContactMVA​ and a representative will assist you during normal business hours.

Upon vehicle purchase, is there a deadline to submit my application?

 
No, however the Maryland MVA strongly encourages timely applications to avoid loss of purchase documentation.​

Does my leased electric vehicle qualify?

 

Yes.​

I purchased an electric vehicle prior to July 1, 2023 – would I qualify for the tax credit?

 

No, to be a viable candidate for this tax credit your vehicle(s) must be purchased on or after July 1, 2023, but before July 1, 2027.​

Do Plug-in Electric Hybrids qualify for EV Tax Credit?

 

No, the credit only applies to the purchase of a zero-emission plug-in electric or fuel cell electric vehicle.​
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Looking for HOV permits for plug-in electric vehicles? Click here for the High Occupancy Vehicle (HOV) Permit Issuance for Plug-in Electric Vehicles​ page.​


Contact Information:

Motor Vehicle Administration

Vehicle Services, Room 202
6601 Ritchie Highway, N.E.
Glen Burnie, MD 21062​​