This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for IRS Form 8936 for the current year.
This document contains official instructions for IRS Form 8936 , Qualified Plug-In Electric Drive Motor Vehicle Credit (Including Qualified Two-Wheeled Plug-In Electric Vehicles) - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8936 is available for download through this link.
Q: What is IRS Form 8936?
A: IRS Form 8936 is a tax form used to claim the Qualified Plug-In Electric Drive Motor Vehicle Credit.
Q: What is the purpose of Form 8936?
A: The purpose of Form 8936 is to calculate and claim a tax credit for the purchase of a qualified plug-in electric vehicle.
Q: Who is eligible to use Form 8936?
A: Individuals or businesses that have purchased a qualified plug-in electric vehicle may be eligible to use Form 8936.
Q: What vehicles qualify for the tax credit?
A: Qualified plug-in electric vehicles include both cars and two-wheeled vehicles that meet certain requirements.
Q: How much is the tax credit?
A: The amount of the tax credit varies depending on the vehicle's battery capacity. The maximum credit is $7,500.
Q: Are there any income limitations for the tax credit?
A: No, there are no income limitations for the tax credit.
Q: What tax year can I claim the credit for?
A: You can claim the credit for the tax year in which you purchased the qualified plug-in electric vehicle.
Q: Are there any other requirements to claim the credit?
A: Yes, you also need to have the necessary documentation, including a certification from the vehicle manufacturer.
Q: Can I e-file Form 8936?
A: Yes, you can e-file Form 8936 if you are using tax software that supports the form.
Instruction Details:
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