Fuel Cell Vehicle Tax Credit

Archived: 08/31/2015

South Carolina residents that claim the federal Alternative Motor Vehicle Credit for fuel cell vehicles are eligible for a state income tax credit equal to 20% of the federal credit. If the amount of the state credit exceeds the taxpayer's liability for the applicable tax year, any unused portion of the credit may be carried forward and claimed for up to five additional years. (Reference South Carolina Code of Laws 12-6-3377)

Jurisdiction: South Carolina

Type: State Incentives

Technologies: EVs, HEVs, Hydrogen Fuel Cells, Natural Gas, PHEVs, Propane (LPG)

See all South Carolina Laws and Incentives.