Electric Motorcycle Loan Interest Deduction Calculator
For EV bikes financed after the credits died.
The short answer: At the numbers below, the deduction is $2,200 — $484 back at 22% ($19 per paycheck).
New, US-assembled vehicle only
Modified Adjusted Gross Income
Car Loan Interest Deduction
$2,200
✅ You qualify for the full deduction
⚠️ This calculator provides estimates for informational and educational purposes only. It is not tax advice. Results are based on the One Big Beautiful Bill Act (OBBBA) and IRS Schedule 1-A. Consult a qualified tax professional for your specific situation.
Motorcycles Qualify; EV Credits Don't
The OBBBA interest deduction covers motorcycle loans. The former EV motorcycle credit ended with the broader credit termination.
- • Interest to $10,000 deductible
- • No purchase credit remains post-September 2025
- • Powersports lender loans qualify like bank loans
Worked Example
Single rider, $2,200 of interest.
- • Deduction $2,200; $484 at 22%
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Frequently Asked Questions
Do electric motorcycle loans qualify for the interest deduction?
Yes — motorcycle loans are qualified vehicle loans under the OBBBA provision.
Is there still an EV motorcycle tax credit?
No — the OBBBA ended the clean-vehicle credits, including two-wheelers, for purchases after September 30, 2025.