Form 8834 Qualified Electric and Plug-in Electronic Vehicle Credit

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FORM 8834, PAGE 1 of 4
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8834

Action

Date

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Qualified Electric and Plug-in Electric Vehicle Credit

OMB No. 1545-1374

(Rev. May 2009)
Department of the Treasury
Internal Revenue Service

©

Attachment
Sequence No.

Attach to your tax return.

Name(s) shown on return

111

Identifying number

Part I
Qualified Electric Vehicle Credit
Caution. This part only applies to qualified electric vehicle passive activity credits from prior years (allowed on
Form 8582-CR or Form 8810 for the current tax year).
1

Qualified electric vehicle passive activity credits allowed for your current tax year (see instructions)

1

2

Regular tax before credits (see instructions)

2

3
a
b
c
d

Credits that reduce regular tax before the qualified electric vehicle credit:
3a
Personal credits from Form 1040 or Form 1040NR (see instructions)
3b
Foreign tax credit
3c
American Samoa economic development credit (Form 5735)
Add lines 3a through 3c

3d

4

Net regular tax. Subtract line 3d from line 2. If zero or less, stop here; do not file this form unless
you are claiming the qualified plug-in electric vehicle credit in Part II

4

5

Tentative minimum tax (see instructions)

5

6

Subtract line 5 from line 4. If zero or less, stop here; do not file this form unless you are claiming
the qualified plug-in electric vehicle credit in Part II

6

7

Qualified electric vehicle credit. Enter the smaller of line 1 or line 6. Report the total of this
amount and the amount (if any) from line 26 on the appropriate line of your return (see instructions).
©
If line 6 is smaller than line 1, see instructions

7

Qualified Plug-In Electric Vehicle Credit
Part II
Section A—Vehicle Information
Use a separate column for each vehicle. If you need more columns, use
additional Forms 8834 and include the totals on lines 18 and 25.

(a)
Vehicle 1

(b)
Vehicle 2

(c)
Vehicle 3

8
9
/
/
/
/
/
/
10
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 Section B and go to Section C. All others, go to Section B.
8
9
10

Year, make, and model of vehicle
Enter date vehicle was placed in service (MM/DD/YYYY)
Cost of the vehicle

Section B—Credit for Business/Investment Use Part of Vehicle
11
12
13
14
15
16
17
18
19
20

11
%
Business/investment use percentage (see instructions)
12
Multiply line 10 by line 11
13
Section 179 expense deduction (see instructions)
14
Subtract line 13 from line 12
15
Multiply line 14 by 10% (.10)
16
2,500 00
2,500
Maximum credit per vehicle
17
Enter the smaller of line 15 or line 16
Add columns (a) through (c) on line 17
Qualified plug-in electric vehicle credit from partnerships and S corporations
Business/investment use part of credit. Add lines 18 and 19. Partnerships and S corporations,
report this amount on Schedule K; all others, see instructions

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 14953G

%

00

%

2,500

00

18
19
20
Form

8834

(Rev. 5-2009)

VERSION B

4

I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 8834, PAGE 2 of 4
MARGINS: TOP 13mm (1⁄ 2 "), CENTER SIDES.
PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (81⁄ 2 ") 3 279mm (11")
PERFORATE: (NONE)
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 8834 (Rev. 5-2009)

Page

2

Section C—Credit for Personal Use Part of Vehicle
(a)
Vehicle 1

21
22
23

If you skipped Section B, enter the amount from line 10. If
you completed Section B, subtract line 12 from line 10
Multiply line 21 by 10% (.10)

(b)
Vehicle 2

21
22

24
25
26
27
28

Maximum credit per vehicle. If you skipped Section B, enter
$2,500. If you completed Section B, subtract line 17 from
line 16
Enter the smaller of line 22 or line 23
Add columns (a) through (c) on line 24
Regular tax before credits (see instructions)
Alternative minimum tax (see instructions)
Add lines 26 and 27

29
a
b
c

Credits that reduce regular tax before the qualified plug-in electric vehicle credit:
29a
Personal credits from Form 1040 or Form 1040NR (see instructions)
29b
Foreign tax credit
Add lines 29a and 29b

30

Net income tax. Subtract line 29c from line 28. If zero or less, stop here; do not file this form unless
you are claiming a credit on line 7 or line 20
Personal use part of credit. Enter the smaller of line 25 or line 30. Report the total of this amount
and the amount (if any) from line 7 on the appropriate line of your return (see instructions). If line 30
is smaller than line 25, see instructions

31

General Instructions

(c)
Vehicle 3

23
24
25
26
27
28

29c

30

31

Section references are to the Internal Revenue Code.

Specific Instructions
Part I . Specific Instructions

What’s New

Line 1

The American Recovery and Reinvestment Act of 2009 allows a
new qualified plug-in electric vehicle credit equal to 10 percent
of the cost (but not more than $2,500) of any qualified plug-in
electric vehicle placed in service after February 17, 2009. See
Part II below.
Part II. Qualified Plug-in Electric

Purpose of Form

Vehicle Credit on page 3.

Use Form 8834 to claim any qualified electric vehicle passive
activity credits from prior years (allowed on Form 8582-CR or
Form 8810 for the current tax year (Part I), and the qualified
plug-in electric vehicle credit (Part II)).
Roman text

Recapture of the Qualified Electric Vehicle
Credit
If the vehicle no longer qualifies for the qualified electric vehicle
credit within 3 years of the date you placed it in service, you
must recapture part or all of the credit. The property will cease
to qualify if it is changed in either of the following ways.
1. The vehicle is modified so that it is no longer primarily
powered by electricity.
2. It becomes nonqualifying property.
Generally, no recapture occurs on the sale or other disposition
of the vehicle (including a disposition resulting from an accident
or other casualty). However, if the vehicle will be modified after
you dispose of it so that it no longer qualifies for the credit, the
credit may be subject to recapture.
For more information on the recapture of the credit, see
Regulations section 1.30-1(b).

Part I. Qualified Electric Vehicle Credit

Enter the qualified electric vehicle passive activity credits allowed
for your current tax year from Form 8582-CR or Form 8810. See
the instructions for the applicable form for more information.

Line 2
Enter your regular tax as shown on your current year tax form
before any credits. For example, in 2008:
● Individuals would enter the amount from Form 1040, line 44,
or Form 1040NR, line 41.
● Corporations would enter the amount from Form 1120,
Schedule J, line 2.
● Estates and trusts would enter the total of the amounts from
Form 1041, Schedule G, lines 1a and 1b.

Line 3a
Enter the nonrefundable personal credits from your tax form that
reduce your regular tax before the qualified electric vehicle
credit. See the table below for examples from the 2008 Forms
1040 and 1040NR. See your current year tax form to see if these
credits are still available.
Credits that reduce tax before
the qualified electric vehicle credit:

2008 Form
1040, line:

2008 Form
1040NR, line:

Foreign tax credit *

47

44

Credit for child and dependent care
expenses

48

45

Credit for the elderly or the disabled

49

N/A

Education credits

50

N/A

Retirement savings contributions credit

51

46

Child tax credit
Mortgage interest credit

52
53

47
48

Credit for qualified adoption expenses

53

48

Residential energy efficient property credit

53

48

Credit from Form 8859, District of
Columbia First-Time Homebuyer Credit

54

49

* Enter any foreign tax credit on line 3b of this form.

4
I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 8834, PAGE 3 of 4
MARGINS: TOP 13mm (1⁄ 2 "), CENTER SIDES.
PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (81⁄ 2 ") 3 279mm (11")
PERFORATE: (NONE)
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 8834 (Rev. 5-2009)

3

Line 5

Coordination With Other Credits

Although you may not owe alternative minimum tax (AMT), you
generally must still figure the tentative minimum tax (TMT) to
figure your qualified electric vehicle credit. For a small corporation
exempt from the AMT under section 55(e), enter -0-. Otherwise,
complete and attach the applicable AMT form or schedule and
enter the TMT on line 5. For example, for 2008:

The amount of any deduction or other credit allowable for a new
qualified plug-in electric drive motor vehicle must be reduced by
the amount of credit claimed on Form 8834, Part II.

● Individuals would enter the amount from Form 6251, line 34.

If the vehicle no longer qualifies for the credit, you may have to
recapture part or all of the credit. For details, see section
30(e)(5).

● Corporations would enter the amount from Form 4626, line 12.
● Estates and trusts would enter the amount from Form 1041,
Schedule I, line 54.

Line 7

31

Page

Enter your qualified electric vehicle credit (and the amount from
Part II, line 26, (if any)) on the appropriate line of your current
year tax form. For example, for 2008:
● Individuals would enter the credit on Form 1040, line 54, or
Form 1040NR, line 49.
● Corporations would enter the amount on Form 1120, Schedule
J, line 5b.
● Estates and trusts would enter the amount from Form 1041,
Schedule G, line 2b.
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.

Part II . Qualified Plug-in Electric Vehicle Credit
Qualified plug-in electric vehicle
A qualified plug-in electric vehicle is any vehicle which is:
● A low-speed vehicle (a 4-wheeled vehicle with a speed
attainable in 1 mile of more than 20 miles per hour, and not
more than 25 miles per hour, on a paved level surface, and with
a GVWR of less than 3,000 pounds or,
● Has 2 or 3 wheels with a GVWR of less than 14,000 pounds.
In addition, it must be:
● Made by a manufacturer primarily for use on public streets,
roads, and highways, and
● Propelled to a significant extent by an electric motor which
draws electricity from a battery which (1) has a capacity of not
less than 4 kilowatt hours (2.5 kilowatt hours for a vehicle with 2
or 3 wheels) and (2) is capable of being recharged from an
external source of electricity.
The following requirements must be met to qualify for the
qualified plug-in electric vehicle credit:
● You are the owner of the vehicle. If the vehicle is leased, only
the lessor and not the lessee, is entitled to the credit;
● The original use of the vehicle began with you; and
● You acquired the vehicle for use or to lease to others, and not
for resale.
● You use the vehicle primarily in the United States.
Exception. If you are the seller of an alternative motor vehicle to
a tax-exempt organization, governmental unit, or a foreign
person or entity, and the use of that vehicle is described in
section 50(b)(3) or (4), you can claim the credit, but only if you
clearly disclose in writing to the purchaser the amount of the
tentative credit allowable for the vehicle (from line 13 of
Form 8834).
For more information see section 30.

Basis Reduction
Unless you elect not to claim the credit, you may have to reduce
the basis of each vehicle by the sum of the amounts entered on
lines 18 and 26 for that vehicle.

Line 13
Enter any section 179 expense deduction you claimed for the
property from Part I of Form 4562, Depreciation and Amortization.

Recapture of Qualified Plug-in Electric Vehicle
Credit

Specific Instructions
Part II . Specific Instructions
Line 14
Enter the percentage of business/investment use.
Enter 100% if the vehicle is used solely for business purposes
or you are claiming the credit as the seller of the vehicle.
If the vehicle is used for both business purposes and personal
purposes, determine the percentage of business use by dividing
the number of miles the vehicle is driven during the year for
business purposes or for the production of income (not to include
any commuting mileage) by the total number of miles the vehicle is
driven for all purposes. Treat vehicles used by your employees as
being used 100% for business/investment purposes if the value of
personal use is included in the employees’ gross income, or the
employees reimburse you for the personal use. If you report the
amount of personal use of the vehicle in your employee’s gross
income and withhold the appropriate taxes, enter 100% for the
percentage of business/investment use.
If during the tax year you convert property used solely for
personal purposes to business/investment use (or vice versa),
figure the percentage of business/ investment use only for the
number of months you use the property in your business or for the
production of income. Multiply that percentage by the number of
months you use the property in your business or for the
production of income and divide the result by 12. For example, if
you converted a vehicle to 50% business use for the last 6 months
of the year, you would enter 25% on line 6 (50% multiplied by 6
divided by 12).
For more information, see Pub. 463, Travel, Entertainment, Gift,
and Car Expenses.

Line 17

19

Enter total qualified plug-in electric vehicle credits from:
● Schedule K-1 (Form 1065), box 15 (code P)
● Schedule K-1 (Form 1120S), box 13 (code P)

Line 21

26

Enter your regular tax as shown on your current year tax form
before any credits. For example, for 2008:
● Individuals would enter the amount from Form 1040, line 44, or
Form 1040NR, line 41.
● Corporations would enter the amount from Form 1120,
Schedule J, line 2.
● Estates and trusts would enter the total of the amounts from
Form 1041, Schedule G, lines 1a and 1b.

Line 22 27
Enter your alternative minimum tax as shown on your current year
tax forms. For example, for 2008:
● Individuals. Enter the amount from Form 6251, line 36
● Corporations. Enter the amount from Form 4626, line 14
● Estates and trusts. Enter the amount from Schedule I, (Form
1041), line 56.

Line 20
report this amount on Form 3800, line 1s

4
I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 8834, PAGE 4 of 4
MARGINS: TOP 13mm (1⁄ 2 "), CENTER SIDES.
PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (81⁄ 2 ") 3 279mm (11")
PERFORATE: (NONE)
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 8834 (Rev. 5-2009)

Line 24a

Page

29a

Enter the total amount claimed for the following credits (see the
following lines of Form 1040 or 1040NR).
Form 1040,
Line:

Form 1040NR,
Line:

Retirement savings contributions credit

51

46

Mortgage interest credit

53

48

Residential energy efficient property credit

53

48

Credit for qualified adoption expenses

53

48

Credit from Form 8859, District of
Columbia First-Time Homebuyer Credit

54

49

Personal Credits

Line 26

31

If you cannot use part of the personal portion of the credit
because of the tax liability limit, the unused credit is lost. The
unused personal portion of the credit cannot be carried back or
forward to other tax years.
Privacy Act and 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.

4

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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 taxpayers filing this form is approved under OMB
control number 1545-0074 and is included in the estimates
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The estimated burden for all other taxpayers who file this form is
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Recordkeeping

x hr., xx min.

Learning about the law or the form

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Preparing, and sending
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If you have comments concerning the accuracy of these time
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