![]() The federal hybrid and EV tax credit works by giving you a nonrefundable credit on your income tax return. The plug-in versions of these models, however, do qualify. Some popular hybrid vehicles that are not eligible for the credit include the non-plug-in models of the Toyota Prius, Toyota RAV4 Hybrid, Toyota Camry Hybrid, Ford Fusion and Milan Hybrids, and the Honda Insight and Accord Hybrids. Generally, most new plug-in hybrids meet these conditions.Ī qualifying vehicle is not a traditional hybrid electric vehicle, or HEV.
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