Electric Vehicle Supply Equipment Tax Credit Program

MEA is helping Marylanders expand the State’s growing electric vehicle infrastructure through the Electric Vehicle Supply Equipment Tax Credit Program. Through the program, residents and businesses can acquire a state income tax credit, up to $400, for purchasing an electric vehicle charging station, more specifically known as Electric Vehicle Supply Equipment (EVSE). In order to receive these credits, eligible participants must apply for a credit certificate with MEA, which will issue certificates on a first-come, first-served basis.

How to Apply

Please use the following instructions to apply:

Having Trouble Downloading the Application? Tip: Try right-clicking on the link and save it to your desktop. Some internet browsers may have difficulty opening PDF Forms.

 

  • Attach related documentation, as specified in the application.
  • Send the application and documentation to:

Attention – EVSE Tax Credit Program
Maryland Energy Administration
60 West Street, Suite 300
Annapolis, MD 21401

Additional Guidelines

Before printing and signing them, MEA strongly recommends filling out forms electronically. When doing so, some data elements will be automatically pre-populated, which will save time and eliminate errors. Additionally, certain fields are validated for form and content.

  • Any illegible documents will be returned, unprocessed, to the primary point of contact (PPC).
  • Any application package that is incomplete or missing supporting documentation will be returned to the PPC without being processed.
  • Qualified EVSEs must be placed in service on or after July 1, 2011, but before Jan. 1, 2017.
  • Tax credits may not exceed the applicant’s state income tax.
  • Tax credits are calculated by multiplying 20% by the purchase price of your EVSE.
    • (This purchase price figure should not include the costs of shipping or handling.)
  • Tax credits may not exceed $400.
  • EVSEs must be installed in the State of Maryland.
  • EVSE installation costs shall not be used in calculating tax credit amounts.
  • Tax credits are nontransferable, and may not be carried over to another taxable year.
  • Individuals are limited to one (1) tax credit.
  • Business entities are limited to thirty (30) tax credits.
  • Business entities applying for more than four (4) credits must fill out the application form as well as EVSE Form A.
  • Eligible EVSEs include: property used for the recharging of motor vehicles propelled by electricity that meet the definition of qualified alternative fuel vehicle refueling property in § 30C of the internal revenue code.
  • Qualified EVSEs must be certified by a nationally recognized testing laboratory (NRTL). Visit the Occupational Safety & Health Administration website for a list of nationally recognized testing laboratories (NRTLs).
  • Someone from MEA or an authorized representative may contact you in the future regarding driving and charging behavior as well as overall electric drive satisfaction.

Additional Requirements

Claiming Your Tax Credit

For taxable year beginning after December 31, 2012, taxpayers must file their Maryland income tax return electronically (Form 500 for Corporations, Form 510 and Form 510 Schedule K-1 for Pass-Through Entities, and Form 502 or 505 for Individuals) in order to claim a Business Income Tax Credit.  They must complete the Business Tax Credit Form 500CR section of the electronic return and include a binary attachment or PDF of the certification received from the Maryland Energy Administration.   

A Maryland Form 510 Schedule K-1 provided by the pass-through entity to its members must separately state their shares of the credit. Individuals or entities must attach the credit certificate provided by MEA to Form 500CR submitted with their personal (Form 502), corporate (Form 500) or pass-through entity (Form 510) income tax returns.

Note: In general, 500CR is used by business taxpayers but individuals may use it to claim certain individual tax credits. The EVSE Tax Credit Program falls under this scenario.

Credit certificates must be attached to your tax return for Comptroller processing.

Filing questions should be directed to the Comptroller: http://www.marylandtaxes.com/default.shtml

Additional Information

Enacted in 2011, the program is capped at the following amounts each year:

  • $400,000 in 2011
  • $500,000 in 2012
  • $600,000 in 2013
  • $600,000 in 2014
  • $600,000 in 2015
  • $600,000 in 2016

If you have questions about the program, contact Chris Rice at chris.rice@maryland.gov