Federal Qualified Electric Vehicle Credit
Extracted from PDF file 2019-federal-form-8834.pdf, last modified December 2019
Qualified Electric Vehicle Credit8834 Form (Rev. December 2019) Department of the Treasury Internal Revenue Service Name(s) shown on return Qualified Electric Vehicle Credit ▶ Go OMB No. 1545-1374 ▶ Attach to your tax return. to www.irs.gov/Form8834 for the latest information. Attachment Sequence No. 111 Identifying number Caution: This form only applies to qualified electric vehicle passive activity credits from prior years (allowed on Form 8582-CR or Form 8810 for the current year). The qualified electric vehicle credit was available for certain vehicles placed in service before 2007. 1 Qualified electric vehicle passive activity credits allowed for your current tax year (see instructions) 2 Regular tax before credits: • Individuals. Enter the sum of the amounts from Form 1040 or Form 1040-SR, line 12a, and Schedule 2 (Form 1040 or 1040-SR), line 2; or the sum of the amounts from Form 1040-NR, lines 42 and 44. • Corporations. Enter the amount from Form 1120, Schedule J, line 2; or the applicable line of your return. • Estates and trusts. Enter the sum of the amounts from Form 1041, Schedule G, lines 1a and 1b; or the amount from the applicable line of your return. 3 Credits that reduce regular tax before the qualified electric vehicle credit: a Foreign tax credit . . . . . . . . . . . . . . . . . . . b Certain allowable credits (see instructions) . . . . . . . . . . . c Add lines 3a and 3b . . . . . . . . . . . . . . . . . . } 1 . . . . 2 3a 3b . . . . . . . . 3c 4 Net regular tax. Subtract line 3c from line 2. If zero or less, enter -0- here and on line 7 . . . . . 4 5 Tentative minimum tax: • Individuals. Enter the amount from Form 6251, line 9. • Corporations. Enter -0-. • Estates and trusts. Enter the amount from Schedule I (Form 1041), line 52. } . . . . 5 . . . . . 6 . . . 6 Subtract line 5 from line 4. If zero or less, enter -0- here and on line 7 . 7 Qualified electric vehicle credit. Enter the smaller of line 1 or line 6. Report this amount on Schedule 3 (Form 1040 or 1040-SR), line 6; Form 1040-NR, line 51; Form 1120, Schedule J, line 5b; or the appropriate line of your return. If line 6 is smaller than line 1, see instructions . . . . . . ▶ For Paperwork Reduction Act Notice, see instructions. . . . Cat. No. 14953G . . 7 Form 8834 (Rev. 12-2019) Page 2 Form 8834 (Rev. 12-2019) Future Developments For the latest information about developments related to Form 8834 and its instructions, such as legislation enacted after they were published, go to www.irs.gov/Form8834. General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Form 1041, Schedule G. Enter the total of any credits on line 2e (not including any alternative fuel vehicle refueling property credit (personal use part) from Form 8911, line 19*; or any credits from lines 2a through 2d). Forms 1120, Schedule J. Enter the total of any credits on line 6 (not including any credits from lines 5a and 5c through 5e). *If available Line 5 Use this December 2019 revision of Form 8834 for tax years beginning in 2019 or later until a later revision is issued. Use prior revisions of this form for earlier tax years. All revisions are available at www.irs.gov/Form8834. Although you may not owe alternative minimum tax (AMT), you generally must still figure your tentative minimum tax (TMT) to figure your credit. Corporations enter -0- because they are exempt from the AMT for tax years beginning after 2017. All others, complete and attach the applicable AMT form or schedule and enter the TMT on line 5. Purpose of Form Line 7 Use Form 8834 to claim any qualified electric vehicle passive activity credit allowed for the current tax year. If you cannot use part of the credit because of the tax liability limit, the unused credit is lost. The unused or excess credit cannot be carried back or forward to other tax years. Which Revision To Use Specific Instructions Line 1 Enter the qualified electric vehicle passive activity credits allowed for your current tax year from Form 8582-CR, Passive Activity Credit Limitations (for individuals, estates, and trusts), or Form 8810, Corporate Passive Activity Loss and Credit Limitations (for corporations). See the instructions for the applicable form for more information. Line 3b Follow the instructions below and refer to your income tax return to figure the amount to enter on line 3b. Form 1040 or Form 1040-SR. Enter the total of any credits on Form 1040 or Form 1040-SR, line 13a, and Schedule 3 (Form 1040 or 1040-SR), lines 2 through 6 (not including any alternative fuel vehicle refueling property credit (personal use part) from Form 8911, line 19*; any general business credit from Form 3800; any credit for prior year minimum tax from Form 8801; or any credit to holders of tax credit bonds from Form 8912). Form 1040-NR. Enter the total of any credits on lines 47 through 51 (not including any alternative fuel vehicle refueling property credit (personal use part) from Form 8911, line 19*; any general business credit from Form 3800; any credit for prior year minimum tax from Form 8801; or any credit to holders of tax credit bonds from Form 8912). Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the United States. You are required to give us the information. We need it to ensure that you are complying with these laws and to allow us to figure and collect the right amount of tax. You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 6103. The time needed to complete and file this form will vary depending on individual circumstances. The estimated burden for individual and business taxpayers filing this form is approved under OMB control number 1545-0074 and 1545-0123 and is included in the estimates shown in the instructions for their individual and business income tax return. The estimated burden for all other taxpayers who file this form is shown below. Recordkeeping . . . . . . . . . . Learning about the law or the form . . . . Preparing and sending the form to the IRS . . 2 hr., 23 min. . . . 34 min. . 1 hr., 49 min. If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would be happy to hear from you. See the instructions for the tax return with which this form is filed.
Form 8834 (Rev. December 2019)
More about the Federal Form 8834 Other Tax Credit TY 2019
We last updated the Qualified Electric Vehicle Credit in February 2020, so this is the latest version of Form 8834, fully updated for tax year 2019. You can download or print current or past-year PDFs of Form 8834 directly from TaxFormFinder. You can print other Federal tax forms here.
Other Federal Other Forms:
|Form Code||Form Name|
|Form 8962||Premium Tax Credit|
|Form W-4V||Voluntary Withholding Request|
|Form W-4||Employee's Withholding Allowance Certificate|
|Form 8332||Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent|
|Form 433-D||Installment Agreement|
The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Form 8834 from the Internal Revenue Service in February 2020.
Form 8834 is a Federal Other form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
Historical Past-Year Versions of Federal Form 8834
We have a total of nine past-year versions of Form 8834 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Form 8834 (Rev. December 2019)
Form 8834 (Rev. October 2018)
Form 8834 (Rev. October 2017)
Form 8834 (Rev. October 2014)
Form 8834 (Rev. October 2014)
Form 8834 (Rev. October 2014)
Rev. December 2013 Form 8834
2012 Form 8834
2011 Form 8834
While we do our best to keep our list of Federal Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.