Use Form 8936 to figure your credit for qualified plug-in electric drive motor vehicles you placed in service during your tax year. Also use Form 8936 to figure your credit for certain qualified two-wheeled plug-in electric vehicles. The credit attributable to depreciable property (vehicles 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.
How to generate Form 8936
The input for this form is located in Screen 34,General Business and Passive Activities Credits, in the Vehicle Credits(8910, 8936) section.
- In the field labeled 1 = alternative motor vehicle (8910), 2 = plug-in electric drive motor vehicle (8936), enter a 2
- Enter the Date placed in service
- Enter Kilowatt hour capacity (vehicle with at least four wheels (8936) (x.xxx)
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.