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 Qualified Plug-In Electric Drive Motor Vehicle Credit?
A: The Qualified Plug-In Electric Drive Motor Vehicle Credit is a tax credit available to individuals who purchase a qualifying plug-in electric vehicle.
Q: Who is eligible to claim the credit?
A: Individuals who purchase a qualifying plug-in electric vehicle for personal use are eligible to claim the credit.
Q: What vehicles qualify for the credit?
A: Vehicles that qualify for the credit include certain new electric cars, SUVs, trucks and vans.
Q: Are two-wheeled plug-in electric vehicles eligible?
A: Yes, certain two-wheeled plug-in electric vehicles are eligible for the credit.
Q: How much is the credit?
A: The credit amount varies based on the capacity of the vehicle's battery and the year it was purchased.
Q: How do I claim the credit?
A: To claim the credit, you must complete IRS Form 8936 and include it with your federal tax return.
Q: Are there any limitations on the credit?
A: Yes, there are limitations based on the vehicle's battery capacity and the number of vehicles purchased.
Q: Is the credit refundable?
A: No, the credit is not refundable, but it can be carried forward to future tax years if not fully used in the current year.
Instruction Details:
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