Form 8911 Alternative Fuel Vehicle Refueling Property Credit

Form

8911

Alternative Fuel Vehicle Refueling Property Credit

Department of the Treasury
Internal Revenue Service

▶

2010

Attachment
Sequence No.

Attach to your tax return.

Total Cost of Refueling Property
(a) Hydrogen Refueling
Property

1

Total cost of qualified alternative fuel vehicle refueling property placed in
service during the tax year . . . . . . . . . . . . . . .

Part II
2
3
4
5
6
7
8
9
10
11

(b) Other Refueling
Property

1

Credit for Business/Investment Use Part of Refueling Property

Business/investment use part (see instructions) . . . . . . .
2
3
Section 179 expense deduction (see instructions) . . . . . .
4
Subtract line 3 from line 2 . . . . . . . . . . . . . .
5
Applicable credit rate decimal amount . . . . . . . . . .
6
Multiply line 4 by the applicable decimal amount on line 5 . . . .
Maximum business/investment use part of credit (see instructions) .
7
Enter the smaller of line 6 or line 7. . . . . . . . . . . .
8
Add columns (a) and (b) on line 8 . . . . . . . . . . . . . . . . . . . .
Alternative fuel vehicle refueling property credit from partnerships and S corporations . . .
Business/investment use part of credit. Add lines 9 and 10. Partnerships and S corporations,
report this amount on Schedule K; all others, report this amount on Form 3800, line 1s . . . . .

Part III

151

Identifying number

Name(s) shown on return

Part I

OMB No. 1545-1981

.30

.50

9
10
11

Credit for Personal Use Part of Refueling Property

12

Subtract line 2 from line 1. If zero, stop here; do not file this form
unless you are claiming a credit on line 11 . . . . . . . . .
12
13
13
Applicable credit rate decimal amount . . . . . . . . . .
14
Multiply line 12 by the applicable decimal amount on line 13 . . .
14
15
15
Maximum personal use part of credit (see instructions) . . . . .
16
16
Enter the smaller of line 14 or line 15
. . . . . . . . . .
17
Add columns (a) and (b) on line 16 . . . . . . . . . . . . . . . . . . . .
18
Regular tax before credits:
• Individuals. Enter the amount from Form 1040, line 44 (or Form 1040NR, line 42)
. . . .
• Other filers. Enter the regular tax before credits from your return . . . .
19
Credits that reduce regular tax before the alternative fuel vehicle refueling property credit:
19a
a Foreign tax credit . . . . . . . . . . . . . . . .
19b
b Personal credits from Form 1040 or 1040NR (see instructions) .
c Non-business qualified electric vehicle credit from Form 8834, line 29
19c
d Add lines 19a through 19c . . . . . . . . . . . . . . . . . . . . . . .
20
Net regular tax. Subtract line 19d from line 18. If zero or less, stop here; do not file this form
unless you are claiming a credit on line 11 . . . . . . . . . . . . . . . . .
21
Tentative minimum tax (see instructions):
• Individuals. Enter the amount from Form 6251, line 33 . . . . . . . .
. . .
• Other filers. Enter the tentative minimum tax from your alternative minimum tax
form or schedule . . . . . . . . . . . . . . . . . . . . .
22
Subtract line 21 from line 20. If zero or less, stop here; do not file this form unless you are
claiming a credit on line 11 . . . . . . . . . . . . . . . . . . . . . .

}

}

23

Personal use part of credit. Enter the smaller of line 17 or line 22 here and on Form
1040, line 53; Form 1040NR, line 50; or the appropriate line of your return. If line 22 is smaller
than line 17, see instructions . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 37721Q

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.50

17

18

19d
20

21

22

23
Form

8911

(2010)

Page 2

Form 8911 (2010)

General Instructions

Specific Instructions

Section references are to the Internal Revenue Code.

Line 2

Purpose of Form
Use Form 8911 to figure your credit for alternative fuel vehicle refueling
property you placed in service during your tax year. The credit attributable to
depreciable property (refueling property used for business or investment
purposes) is treated as a general business credit. Any credit not attributable
to depreciable property is treated as a personal credit. For more details, see
section 30C and Notice 2007-43. Notice 2007-43 is available at
www.irs.gov/irb/2007-22_IRB/ar10.html.
Taxpayers that are not partnerships or S corporations and whose only
source of this credit is from those pass-through entities, are not required to
complete or file this form. Instead, they can report this credit directly on line
1s of Form 3800.

Amount of Credit
For property of a character subject to an allowance for depreciation
(business/investment use property), the credit for all property placed in
service at each location is generally the smaller of 50% (30% for hydrogen
refueling property) of the property’s cost or $50,000 ($200,000 for hydrogen
refueling property). For property of a character not subject to an allowance
for depreciation placed in service at your main home (personal use property),
the credit for all property placed in service at your main home is generally the
smaller of 50% (30% for hydrogen refueling property) of the property’s cost
or $2,000 ($1,000 for hydrogen refueling property).
Each property’s cost must first be reduced by any section 179 expense
deduction taken for the property.

Qualified Alternative Fuel Vehicle Refueling Property
Qualified alternative fuel vehicle refueling property is any property (other than
a building or its structural components) used to store or dispense an
alternative fuel (defined below) into the fuel tank of a motor vehicle propelled
by the fuel, but only if the storage or dispensing is at the point where the fuel
is delivered into that tank.
In addition, the following requirements must be met to qualify for the credit.
• You placed the refueling property in service during your tax year.
• The original use of the property began with you.
• The property is not used predominantly outside the United States.
• If the property is not business/investment use property, the property must
be installed on property used as your main home.
Exception. If you are the seller of new refueling property to a tax-exempt
organization, governmental unit, or a foreign person or entity, and the use of
that property 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 refueling property (included on line 8 of
Form 8911). Treat all property eligible for this exception as
business/investment use property.
Alternative fuel. The following are alternative fuels.
• Any fuel at least 85 percent of the volume of which consists of one or more
of the following: ethanol, natural gas, compressed natural gas, liquefied
natural gas, liquefied petroleum gas, or hydrogen.
• Any mixture which consists of two or more of the following: biodiesel (as
defined in section 40A(d)(1)), diesel fuel (as defined in section 4083(a)(3)), or
kerosene, and at least 20% of the volume of which consists of biodiesel
determined without regard to any kerosene in such mixture.
• Electricity.

Basis Reduction
Unless you elect not to take the credit, you must reduce the basis of the
property by the sum of the amounts entered on lines 8 and 16 for that
property.

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

To figure the business/investment use part of the total cost, multiply the cost
of each separate refueling property by the percentage of
business/investment use for that property. 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.

Line 3
Enter any section 179 expense deduction you claimed for the property from
Part I of Form 4562, Depreciation and Amortization.

Line 7
If you placed refueling property with business/investment use in service at
just one location, enter $50,000 ($200,000 for hydrogen refueling property).
If you placed refueling property with business/investment use in service at
more than one location, but all property placed in service at any one location
would result in an amount of not more than $50,000 ($200,000 for hydrogen
refueling property) if property from that location was reported separately on
line 6, enter the amount from line 6 on both line 7 and line 8. If you placed
refueling property with business/investment use in service at more than one
location, and property at at least one location would result in an amount of
more than $50,000 ($200,000 for hydrogen refueling property) if property
from that location was reported separately on line 6, add the separate
amounts for each location, but do not include in the total more than $50,000
($200,000 for hydrogen refueling property) for any single location.

Line 15
Generally, enter $2,000 ($1,000 for hydrogen refueling property). However, if
the location of your main home changed during the tax year and you placed
personal use refueling property in service at both locations during the tax
year, enter $4,000 ($2,000 for hydrogen refueling property).

Line 19b
Enter the total, if any, credits from Form 1040, lines 48 through 52 (or Form
1040NR, lines 46 through 49); Form 8396, line 9; Form 8859, line 3; Form
8834, line 22; Form 8910, line 21; Form 8936, line 14; and Schedule R, line
22.

Line 21
Although you may not owe alternative minimum tax (AMT), you must still
figure the tentative minimum tax (TMT) to figure your credit. Complete and
attach the applicable AMT form or schedule and enter the TMT on line 21.

Line 23
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.
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.
You are not required to provide the information requested on a form that is
subject to the Paperwork Reduction Act unless the form displays a valid
OMB control number. Books or records relating to a form or its instructions
must be retained as long as their contents may become material in the
administration of any Internal Revenue law. Generally, tax returns and return
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 shown in the instructions for their individual income tax
return. The estimated burden for all other taxpayers who file this form is
shown below.
Recordkeeping
. . . . . . . . . . . .
8 hr., 51 min.
Learning about the
law or the form
. . . . . . . . . . . . . 1 hr., 03 min.
Preparing, copying, assembling,
and sending the form to the IRS . . . . . . . .
2 hr., 27 min.
If you have comments concerning the accuracy of these time estimates or
suggestions for making this form simpler, we would be happy to hear from
you. See the instructions for the tax return with which this form is filed.