New Jersey A1039 provides corporation business tax and gross income tax credits for the purchase and installation of electric vehicle charging.

New Jersey A1039 provides corporation business tax and gross income tax credits for the purchase and installation of electric vehicle charging stations. The credits are available for tax periods beginning in calendar years 2014, 2015, and 2016. For 2014, the credit is 25 percent of the cost, up to $500 per station; for 2015, it is 15 percent of the cost, up to $300 per station; and for 2016, it is eight percent of the cost, up to $150 per station. Married taxpayers filing separately are allowed up to half of these amounts.

New Jersey A1039 provides corporation business tax and gross income tax credits for the purchase and installation of electric vehicle charging.

New Jersey A1039 provides corporation business tax and gross income tax credits for the purchase and installation of electric vehicle charging stations. The credits are available for tax periods beginning in calendar years 2014, 2015, and 2016. For 2014, the credit is 25 percent of the cost, up to $500 per station; for 2015, it is 15 percent of the cost, up to $300 per station; and for 2016, it is eight percent of the cost, up to $150 per station. Married taxpayers filing separately are allowed up to half of these amounts.