Clean-Burning Motor Vehicle Fuel Property Tax Credit - Personal

Oklahoma offers a one-time income tax credit if you buy or convert a vehicle to run on compressed natural gas, liquefied natural gas, liquefied petroleum gas, or a hydrogen fuel cell. The credit depends on vehicle weight: $5,500 for vehicles under 6,000 lbs, $9,000 for 6,001-10,000 lbs, $26,000 for 10,001-26,500 lbs, and $100,000 above 26,500 lbs. A home refueling setup may also earn a credit of 50% of the cost or $2,500, whichever is less, per location, for tax years beginning before December 31, 2028; check with the Oklahoma Tax Commission on how to claim it.

Customers who buy or convert vehicles to run on CNG, LNG, LPG, or hydrogen fuel cells can claim a one-time Oklahoma income tax credit of $5,500 to $100,000 depending on vehicle weight. Conversion and refueling station work can also qualify, with a per-location property credit of 50% of cost or $2,500, whichever is less. Credits apply to tax years beginning before December 31, 2028, so confirm current documentation and eligibility requirements with the Oklahoma Tax Commission.

This is a one-time personal income tax credit for qualified clean-burning motor fuel vehicles, either originally equipped or converted to run on CNG, LNG, LPG, or hydrogen fuel cells. Credit amounts are tiered by vehicle weight: $5,500 up to 6,000 lbs, $9,000 for 6,001-10,000 lbs, $26,000 for 10,001-26,500 lbs, and $100,000 above 26,500 lbs. A separate property credit covers refueling equipment at 50% of cost or $2,500 per location, whichever is less, and the credits apply to tax years beginning before December 31, 2028, targeting residential taxpayers.