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 form used to claim the Qualified Plug-In Electric Drive Motor Vehicle Credit.
Q: What is the Qualified Plug-In Electric Drive Motor Vehicle Credit?
A: The Qualified Plug-In Electric Drive Motor Vehicle Credit is a federal tax credit available to individuals who purchase a qualified electric vehicle.
Q: Who is eligible for the Qualified Plug-In Electric Drive Motor Vehicle Credit?
A: Individuals who purchase a qualified electric vehicle and meet certain requirements are eligible for the credit.
Q: What vehicles qualify for the credit?
A: Qualified plug-in electric vehicles, including two-wheeled plug-in electric vehicles, may be eligible for the credit.
Q: How much is the credit?
A: The credit amount varies depending on the electric vehicle's battery capacity and the year it was purchased. It can range from $2,500 to $7,500.
Q: How do I claim the credit?
A: To claim the credit, you must complete IRS Form 8936 and include it with your federal income tax return.
Q: Is there a deadline to claim the credit?
A: Yes, you must claim the credit in the same tax year you purchased the qualified electric vehicle.
Q: Are there any income limitations to claim the credit?
A: No, there are no income limitations to claim the credit.
Instruction Details:
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