Form 8834

Department of the Treasury

Internal Revenue Service

Qualified Electric Vehicle Credit OMB No. 1545-1374

Attachment

Sequence No. 111

© Attach to your tax return.

Part I

Part II

Name(s) shown on return Identifying number

Tentative Credit

Passive activity credits included on line 1 (see instructions) 

Subtract line 2 from line 1

Passive activity credits allowed for 2007 (see instructions) 

Tentative qualified electric vehicle credit. Add lines 3 and 4 ©

Allowable Credit

Regular tax before credits.

● Individuals. Enter the amount from Form 1040, line 44, or Form 1040NR, line 41.

● Corporations. Enter the amount from Form 1120, Schedule J, line 2.

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

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

Credits from Form 1040, lines 47 through 50 and 52 through 54, or

Form 1040NR, lines 44 and 45 and 47 through 49 

Foreign tax credit

American Samoa economic development credit (Form 5735)

Net regular tax. Subtract line 7d from line 6. If zero or less, do not file this form; you cannot

claim this credit 

Tentative minimum tax (see instructions).

● 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 Form 1041, Schedule I, line 54.

Subtract line 9 from line 8. If zero or less, do not file this form; you cannot claim this credit

Qualified electric vehicle credit. Enter the smaller of line 5 or 10 here and on Form 1040, line 

55; Form 1040NR, line 50; Form 1120, Schedule J, line 5b; Form 1041, Schedule G, line 2b; or 

the appropriate line of your return. If line 10 is smaller than line 5, see instructions ©

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5

6

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b

c

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Cat. No. 14953G Form 8834 (2007)

If you are a: Then enter the total electric vehicle credits from:

Shareholder Schedule K-1 (Form 1120S), box 13, code D, E, or P

1 Qualified electric vehicle credits from pass-through entities:

1 %

© See instructions on back.

Partner Schedule K-1 (Form 1065), box 15, code D, E, or P

For Paperwork Reduction Act Notice, see back of form.

%

5

11

Caution. This credit applies only to vehicles placed in service before 2007

d Add lines 7a through 7c 7d

2007
Qualified Electric Vehicle

A qualified electric vehicle is any motor vehicle if all of the

following apply.

● Manufactured primarily for use on public streets, roads, and

highways, and has at least four 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.

● 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 (2007) Page 2

Recapture of Credit

If the vehicle no longer qualifies for the credit within 3 years of

the date you placed it in service, you must recapture part or all

of the credit. The property will cease to qualify if it is changed in

either of the following ways.

Specific Instructions

Line 2

Line 4

Line 9

● Operated exclusively on a rail or rails,

Enter the amount of any credits included on line 1 that are from

a passive activity. Generally, a passive activity is a business

activity in which you did not materially participate. Rental

activities are generally 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 details.

Enter the qualified electric vehicle passive activity credits allowed

for 2007 from Form 8582-CR or Form 8810. See the instructions

for the applicable form for more information.

Although you may not owe alternative minimum tax (AMT), you

generally must still figure the 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 9.

General Instructions

Section references are to the Internal Revenue Code.

Purpose of Form

Use Form 8834 to claim the qualified electric vehicle credit as

shown on Schedule K-1 from a partnership or S corporation.

Form 8834 is also used to claim any qualified electric vehicle

passive activity credits.

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 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.

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.

Line 11

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.

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.

Recordkeeping 3 hr., 49 min.

Learning about the law or the form 24 min.

Preparing, copying, assembling, and

sending the form to the IRS 28 min.

Alternative motor vehicles that are not powered

primarily by an electric motor are not qualified

electric vehicles. However, they may qualify for the

alternative motor vehicle credit. See Form 8910,

Alternative Motor Vehicle Credit, for more details.

CAUTION

Generally, no recapture occurs on the sale or other disposition

of the vehicle (including a disposition resulting from an accident

or other casualty). However, if the vehicle will be modified after

you dispose of it so that it no longer qualifies for the credit, the

credit may be subject to recapture.

1. The vehicle is modified so that it is no longer primarily

powered by electricity.

2. It becomes nonqualifying property.

For more information on the recapture of the credit, see

Regulations section 1.30-1(b).