Federal Qualified Plug-In Electric Drive Motor Vehicle Credit
Extracted from PDF file 2016-federal-form-8936.pdf, last modified December 2016
Qualified Plug-In Electric Drive Motor Vehicle CreditForm 8936 Department of the Treasury Internal Revenue Service Qualified Plug-in Electric Drive Motor Vehicle Credit (Including Qualified Two-Wheeled Plug-in Electric Vehicles) ▶ Attach to your tax return. ▶ Information about Form 8936 and its separate instructions is at www.irs.gov/form8936. OMB No. 1545-2137 2016 Attachment Sequence No. 125 Identifying number Name(s) shown on return Note: • Use this form to claim the credit for certain plug-in electric vehicles. • Claim the credit for certain alternative motor vehicles on Form 8910. Part I Tentative Credit Use a separate column for each vehicle. If you need more columns, use additional Forms 8936 and include the totals on lines 12 and 19. 1 Year, make, and model of vehicle . 2 Vehicle identification number (see instructions) 3 Enter date vehicle was placed in service (MM/DD/YYYY) 3 4 If the vehicle is a two-wheeled vehicle, enter the cost of the vehicle. If the vehicle has at least four wheels, enter the tentative credit (see instructions) . . . . . . 4 . . . . . . 1 . . 2 (a) Vehicle 1 (b) Vehicle 2 Next: If you did NOT use your vehicle for business or investment purposes and did not have a credit from a partnership or S corporation, skip Part II and go to Part III. All others, go to Part II. Part II Credit for Business/Investment Use Part of Vehicle 5 Business/investment use percentage (see instructions) 5 6 Multiply line 4 by line 5. If the vehicle has at least four wheels, leave lines 7 through 10 blank and go to line 11 6 7 Section 179 expense deduction (see instructions) . . 7 8 Subtract line 7 from line 6 . . . . . . . . . 8 9 Multiply line 8 by 10% (0.10) . . . . . . . . . 9 10 Maximum credit per vehicle . . . . . . . . . 10 11 For vehicles with four or more wheels, enter the amount from line 6. If the vehicle is a two-wheeled vehicle, enter the smaller of line 9 or line 10 . . . . . . . . 12 13 14 % 2,500 11 Add columns (a) and (b) on line 11 . . . . . . . . . . . . . . . . . Qualified plug-in electric drive motor vehicle credit from partnerships and S corporations (see instructions) . . . . . . . . . . . . . . . . . . . Business/investment use part of credit. Add lines 12 and 13. Partnerships and S corporations, stop here and report this amount on Schedule K. All others, report this amount on Form 3800, Part III, line 1y . . . . . . . . . . . . . . . . Note: Complete Part III to figure any credit for the personal use part of the vehicle. For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 37751E 00 % 2,500 00 12 13 14 Form 8936 (2016) Form 8936 (2016) Part III Page 2 Credit for Personal Use Part of Vehicle (a) Vehicle 1 15 If you skipped Part II, enter the amount from line 4. If you completed Part II, subtract line 6 from line 4. If the vehicle has at least four wheels, leave lines 16 and 17 blank and go to line 18 . . . . . . . . . . 16 17 Multiply line 15 by 10% (0.10) . . . . . Maximum credit per vehicle. If you Part II, enter $2,500. If you completed subtract line 11 from line 10 . . . . . . 18 For vehicles with four or more wheels, enter the amount from line 15. If the vehicle is a two-wheeled vehicle, enter the smaller of line 16 or line 17 . . . 18 19 Add columns (a) and (b) on line 18 . . 20 Enter the amount from Form 1040, line 47, or Form 1040NR, line 45 21 Personal credits from Form 1040 or 1040NR (see instructions) 22 23 Subtract line 21 from line 20 . . . . . . . . . . . . . . . . . . . Personal use part of credit. Enter the smaller of line 19 or line 22 here and on Form 1040, line 54, or Form 1040NR, line 51. Check box c on that line and enter “8936” in the space next to that box. If line 22 is smaller than line 19, see instructions . . . . . . . . . . skipped Part II, . . . . . . . (b) Vehicle 2 15 16 17 . . . . . . . . . . . 19 . . . . . . 20 . . . . . . 21 22 23 Form 8936 (2016)
2016 Form 8936
More about the Federal Form 8936 Other Tax Credit TY 2016
We last updated the Qualified Plug-In Electric Drive Motor Vehicle Credit in May 2017, so this is the latest version of Form 8936, fully updated for tax year 2016. You can download or print current or past-year PDFs of Form 8936 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 12277||Application for Withdrawal of Filed Form 668(Y), Notice of Federal Tax Lien (Internal Revenue Code Section 6323(j))|
|Form W-4V||Voluntary Withholding Request|
|Form 433-D||Installment Agreement|
|Form 8283||Noncash Charitable Contributions|
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 8936 from the Internal Revenue Service in May 2017.
Form 8936 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 8936
We have a total of five past-year versions of Form 8936 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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