Form 8834 Qualified Electric Vehicle Credit

8834

Form
(Rev. October 2017)
Department of the Treasury
Internal Revenue Service
Name(s) shown on return

Qualified Electric Vehicle Credit
▶ Go

OMB No. 1545-1374

▶ Attach to your tax return.
to www.irs.gov/Form8834 for the latest information.

Attachment
Sequence No. 111
Identifying number

Caution: This form only applies to qualified electric vehicle passive activity credits from prior years (allowed on Form 8582-CR or Form 8810
for the current year).
1

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

2

Regular tax before credits:
• Individuals. Enter the sum of the amounts from Form 1040, lines 44 and 46; or
the sum of the amounts from Form 1040NR, lines 42 and 44.
• Corporations. Enter the amount from Form 1120, Schedule J, line 2; or the
applicable line of your return.
• Estates and trusts. Enter the sum of the amounts from Form 1041, Schedule G,
lines 1a and 1b, or the amount from the applicable line of your return.

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3c

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Net regular tax. Subtract line 3c from line 2. If zero or less, enter -0- here and on line 7

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Tentative minimum tax:
• Individuals. Enter the amount from Form 6251, line 33.
• Corporations. Enter the amount from Form 4626, line 12.
• Estates and trusts. Enter the amount from Schedule I (Form 1041), line 54.

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5

6

Subtract line 5 from line 4. If zero or less, enter -0- here and on line 7 .

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Qualified electric vehicle credit. Enter the smaller of line 1 or line 6. Report this amount on Form
1040, line 54; Form 1040NR, line 51; Form 1120, Schedule J, line 5b; or the appropriate line of
your return. If line 6 is smaller than line 1, see instructions
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3

Credits that reduce regular tax before the qualified electric vehicle credit:
a Foreign tax credit . . . . . . . . . . . . . . . . . .
3a
b Certain allowable credits (see instructions) . . . . . . . . . .
3b
c Add lines 3a and 3b . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see instructions.

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Cat. No. 14953G

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Form 8834 (Rev. 10-2017)

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Form 8834 (Rev. 10-2017)

Future Developments

Line 5

For the latest information about developments related to Form
8834 and its instructions, such as legislation enacted after they
were published, go to www.irs.gov/Form8834.

Although you may not owe alternative minimum tax (AMT), you
generally must still figure your tentative minimum tax (TMT) to
figure your 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.

General Instructions
Section references are to the Internal Revenue Code unless
otherwise noted.

Purpose of Form
Use Form 8834 to claim any qualified electric vehicle passive
activity credit allowed for the current tax year.

Specific Instructions
Line 1
Enter the qualified electric vehicle passive activity credits
allowed for your current tax year from Form 8582-CR, Passive
Activity Credit Limitations (for individuals, estates, and trusts), or
Form 8810, Corporate Passive Activity Loss and Credit
Limitations (for corporations). See the instructions for the
applicable form for more information.

Line 3b
Follow the instructions below and refer to your income tax
return to figure the amount to enter on line 3b.
Form 1040. Enter the total of any credits on lines 49 through 54
(not including any alternative fuel vehicle refueling property
credit (personal use part) from line 19 of Form 8911, any general
business credit from Form 3800, any credit for prior year
minimum tax from Form 8801, or any credit to holders of tax
credit bonds from Form 8912).
Form 1040NR. Enter the total of any credits on lines 47 through
51 (not including any alternative fuel vehicle refueling property
credit (personal use part) from line 19 of Form 8911, any general
business credit from Form 3800, any credit for prior year
minimum tax from Form 8801, or any credit to holders of tax
credit bonds from Form 8912).
Form 1041, Schedule G. Enter the total of any credits on line 2e
(not including any alternative fuel vehicle refueling property
credit (personal use part) from line 19 of Form 8911 or any
credits from lines 2a through 2d).
Forms 1120, Schedule J. Enter the total of any credits on line 6
(not including any credits from lines 5a and 5c through 5e).

Line 7
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.
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 and business taxpayers filing this form is approved
under OMB control number 1545-0074 and 1545-0123 and is
included in the estimates shown in the instructions for their
individual and business income tax return. The estimated
burden for all other taxpayers who file this form is shown below.
Recordkeeping

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. 2 hr., 23 min.

Learning about the law or the form .

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Preparing and sending the form to the IRS .

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. 34 min.

. 1 hr., 49 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.