Form 8834

Department of the Treasury

Internal Revenue Service

Qualified Electric Vehicle Credit OMB No. 1545-1374

Attachment

Sequence No. 96

© Attach to your tax return.

Part I

Part II

Name(s) shown on return Identifying number

Tentative Credit

Cost of vehicle

Section 179 expense deduction. See instructions

Subtract line 2 from line 1

Multiply line 3 by 10% (.10)

Limitation per vehicle

Enter the smaller of line 4 or line 5

Current year qualified electric vehicle credit. Add line 6, columns (a) through (c)

Passive activity credits included on line 7. See instructions

Subtract line 8 from line 7

Passive activity credits allowed for 1993. See instructions

Tentative qualified electric vehicle credit. Add lines 9 and 10

Tax Liability Limitation

Enter the amount of your regular tax:

Individuals. Enter the amount from Form 1040, line 40

Corporations. Enter the amount from Form 1120, Schedule J, line 3 

Other filers. Enter your regular tax before credits from your return

Credits that reduce regular tax before the qualified electric vehicle credit:

Credit for child and dependent care expenses (Form 2441, line 10)

Credit for the elderly or the disabled (Schedule R (Form 1040), line 21)

Mortgage interest credit (Form 8396, line 11)

Foreign tax credit (Form 1116, line 32, or Form 1118, Sch. B, Part III, line 12)

Orphan drug credit (Form 6765, line 10)

Credit for fuel from a nonconventional source

Add lines 13a through 13g

Net regular tax. Subtract line 13h from line 12. If zero or less, do not complete the rest of this

form

Tentative minimum tax (see instructions):

Individuals. Enter the amount from Form 6251, line 26

Corporations. Enter the amount from Form 4626, line 14

Estates and trusts. Enter the amount from Form 1041, Schedule H, line 37

Excess of net regular tax over tentative minimum tax. Subtract line 15 from line 14. If zero or

less, do not file this form; you cannot claim this credit

Qualified electric vehicle credit allowed. Enter the smaller of line 11 or line 16. Also, enter on

Form 1040, line 44; Form 1120, Schedule J, line 4d; Form 1041, Schedule G, line 2b; or the

appropriate line of other income tax returns

1

2

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13

a

b

c

d

f

g

h

14

15

16

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1

2

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%

% 12

13a

13b

13c

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13g

13h

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(a) (b) (c)

4,000 4,000 4,000

Cat. No. 14953G Form 8834 (1993)

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.

The time needed to complete and file

this form will vary depending on

individual circumstances. The estimated

average time is:

If you have comments concerning the

accuracy of these time estimates or

suggestions for making this form more

simple, we would be happy to hear from

you. You can write to both the IRS and

the Office of Management and Budget

at the addresses listed in the

instructions for the tax return with which

this form is filed.

General Instructions

Section references are to the Internal

Revenue Code.

Purpose of Form

Use Form 8834 to compute the credit

for qualified electric vehicles placed in

service after June 30, 1993. The credit is

10% of the cost of a qualified electric

vehicle. The maximum amount of credit

you may take for each vehicle is $4,000.

Possessions tax credit (Form 5735, line 14) 13e

a

b

c

e

a

b

c

Recordkeeping 5 hr., 59 min.

Learning about the law

or the form 24 min.

Preparing, copying,

assembling, and sending

the form to the IRS 31 min.
If you cannot use part or all of the

qualified electric vehicle credit because

of the tax liability limitation, the excess

cannot be carried back or forward to

other tax years.

Qualified Electric Vehicle

A qualified electric vehicle is any motor

vehicle that is:

● Manufactured primarily for use on

public streets, roads, and highways, and

has at least 4 wheels;

● Powered primarily by an electric motor

drawing current from rechargeable

batteries, fuel cells, or other portable

sources of electrical current;

● Originally used by you; and

● Acquired for your own use and not for

resale.

Exceptions. The qualified electric

vehicle credit does not apply to vehicles

that are:

● Used primarily outside the United

States;

● Used by a governmental unit or

agency or any foreign person or entity;

or

● Used by a tax-exempt organization

(other than a section 521 farmers’

See section 50(b) for details and other

exceptions that may apply.

Form 8834 (1993) Page 2

Recapture of Qualified Electric

Vehicle Credit

If the vehicle no longer qualifies for the

credit in a later year, you must recapture

part or all of the credit. No recapture

occurs, however, on the sale or other

disposition of the vehicle (including a

disposition resulting from an accident or

other casualty).

Specific Instructions

Part I

Columns (a) through (c)

Line 2

Line 8

Line 10

Part II

Line 15

● Operated exclusively on a rail or rails;

You must reduce the basis of any

vehicle for which the credit is allowable

by the amount of the credit.

must reduce the cost of the vehicle by

this amount. Enter on this line any

section 179 expense deduction you

claimed for this vehicle in Part I of Form

4562, Depreciation and Amortization.

For details on how to compute the

recapture, get Pub. 535, Business

Expenses.

Complete lines 1 through 6 for each

vehicle. Use a separate column for each

vehicle. If you need more columns, use

additional Forms 8834 and include the

total on line 7.

If you took a section 179 expense

deduction on an electric vehicle, you

Enter the amount of any credits included

on line 7 that are from a passive activity.

Generally, a passive activity is a trade or

business in which you did not materially

participate. Rental activities are passive

activities, whether or not you materially

participate. See Form 8582-CR, Passive

Activity Credit Limitations, or Form

8810, Corporate Passive Activity Loss

and Credit Limitations, for more details.

Enter the passive activity credits allowed

for 1993 from Form 8582-CR or Form

8810. See the instructions for the

applicable form for more information.

Enter the tentative minimum tax that

was figured on the appropriate

alternative minimum tax form. Although

you may not owe alternative minimum

tax, you must still compute the tentative

minimum tax to figure your credit.

cooperative) unless the property is used

mainly in an unrelated trade or business

taxed under section 511.

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