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.

© For fiscal years beginning in 1992 and ending after June 30, 1993.

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 1992. 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)

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

Mortgage interest credit (Form 8396)

Foreign tax credit (Form 1116 or 1118)

Orphan drug credit (Form 6765)

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 20

Corporations. Enter the amount from Form 4626, line 15

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. Write "Form 8834" on the line on which you claim

the credit 

1

2

3

4

5

6

7

8

9

10

11

12

13

a

b

c

d

f

g

h

14

15

16

17

1

2

3

4

5

6

7

8

9

10

11

%

% 12

13a

13b

13c

13d

13f

13g

13h

14

15

16

17

(a) (b) (c)

4,000 4,000 4,000

Cat. No. 14953G Form 8834 (1992)

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

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.

You must reduce the basis of any

vehicle for which the credit is allowable

by the amount of the credit.

average time is: Recordkeeping, 6 hr.,

13 min.; Learning about the law or the

form, 30 min.; Preparing, copying,

assembling, and sending the form to

the IRS, 37 min.

Possessions tax credit (Form 5735) 13e

a

b

c

e

a

b

c
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’

cooperative) unless the property is used

mainly in an unrelated trade or business

taxed under section 511.

See section 50(b) for details and other

exceptions that may apply.

Form 8834 (1992) 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. See section

30(d)(2).

Effect of Qualified Electric Vehicle

Credit on General Business Credit

The qualified electric vehicle credit

reduces the tax liability limitation for the

general business credit. You must

include the qualified electric vehicle

credit in the total credits that reduce the

regular tax before the general business

credit. Also write “QEV credit” and the

amount of the qualified electric vehicle

credit to the left of the entry space for

those total credits, which is identified

below for each of the general business

credit forms.

● Form 3800, General Business Credit,

line 9h.

Note: If you complete Form 3800, do

not complete the referenced line of the

other credit forms below.

● Form 3468, Investment Credit, line 8h.

● Form 5884, Jobs Credit, line 6h.

● Form 6478, Credit for Alcohol Used

as Fuel, line 13h.

● Form 6765, Credit for Increasing

Research Activities, line 29d.

● Form 8586, Low-Income Housing

Credit, line 9h.

● Form 8826, Disabled Access Credit,

line 10h.

● Form 8830, Enhanced Oil Recovery

Credit, line 6h.

Specific Instructions

Part I

Columns (a) through (c).—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.

Line 2.—If you took a section 179

expense deduction on an electric

vehicle, you must reduce the cost of the

vehicle by this amount. Enter on this line

the amount you claimed in Part I, Form

4562, Depreciation and Amortization, for

this vehicle.

Line 8.—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.

Line 10.—Enter the passive activity

credits allowed for 1992 from Form

8582-CR or Form 8810. See the

instructions for the applicable form for

more information.

Part II

Line 15.—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.

● Operated exclusively on a rail or rails;