The IRS provides a list on IRS.gov (the IRS public web site) of vehicle manufacturers, makes, and models that qualify for the plug-in electric vehicle credits claimed on Form 8834 and Form 8936 and the alternative motor vehicle credit claimed on Form 8910. Email the Technical Response Service or call 800-254-6735. Or you can visit IRS.gov and search for “Plug-in Electric Drive Vehicle Credit (IRC 30D).” "If you go to that link, there is a list of manufacturers, including Tesla. IRS Qualified Non-Personal-Use Vehicles . Qualified Electric Vehicle: An electric vehicle that qualifies the owner to claim a nonrefundable tax credit. Each credit applies to a certain type of electric vehicle, and each credit is claimed on a different form. Need Help? The Electric vehicle tax credit is a credit designed to offset the higher costs of electric cars. IR-2019-57, March 26, 2019 WASHINGTON — The IRS announced today that General Motors, LLC has sold more than 200,000 vehicles eligible for the plug-in electric drive motor vehicle credit during the fourth quarter of 2018. A tax credit is available for the purchase of a new qualified plug-in electric drive motor vehicle that draws propulsion using a traction battery that has at least five kilowatt-hours (kWh) of capacity, uses an external source of energy to recharge the battery, has a gross vehicle weight rating of up to 14,000 pounds, and meets specified emission standards. Something Missing? Motor Vehicle Dealers, Leasing and Rental Companies and Other Vendors: In order to document the exemption for the sale or rental of a qualified zero emission vehicle, the customer should complete an Exempt Use Certificate (ST-4) and insert the statutory reference "N.J.S.A. We have tried to make the list as exhaustive as possible; however, you can check the car manufacturer’s website to determine how much the vehicle weighs or you can look inside the driver’s door to verify the GVW rating of the vehicle. You may qualify for this credit if you purchased an eligible four-wheel passenger vehicle in 2019. Expand Tesla and you can see all the Models and model years of vehicles, and their tentative tax credit. For purposes of this subsection, the term “qualified plug-in electric drive motor vehicle” means any new qualified plug-in electric drive motor vehicle (as defined in section 30D, determined without regard to whether such vehicle is made by a manufacturer or whether the original use of such vehicle commences with the taxpayer). This is a vehicle propelled by power derived from one or more cells that convert chemical energy directly into electricity by combining oxygen with hydrogen fuel, and that meets certain additional requirements. It is updated with the phase out credit amounts based on acquisition date. Save or instantly send your ready documents. Form 8936 is attached to the individual taxpayer’s Form 1040, U.S. Qualified Plug-in Electric Drive Motor Vehicle Credit 2015 Inst 8936: Instructions for Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit 2015 Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit 2014 Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit All vehicles that appear on the list have been deemed eligible under the iZEV program, based on manufacturer's suggested retail prices (MSRPs) provided to Transport Canada by automakers. New Jersey The New Jersey Board of Public Utilities offers state residents a rebate in the amount of $25 per mile of electric-only range, up to $5,000, to purchase or lease a new PEV with an MSRP of $55,000 or less. Qualified Plug-in Electric Drive Motor Vehicle Credit a Attach to your tax return. This credit incentivizes taxpayers to purchase qualified plug-in electric vehicles, offering a tax break when you purchase an eligible vehicle and start driving it in 2019. This triggers a phase out of the tax credit available for purchasers of new General Motors plug-in electric vehicles beginning April 1, 2019. It can be either for personal or business use. Accordingly, a qualified electric vehicle does not include any motor vehicle that has ever been used (for either personal or business use) as a non-electric vehicle. Form 8834 was used to claim a credit for two- or three-wheeled vehicles with 2.5 kilowatt hours. • Use this form to claim the credit for certain plug-in electric vehicles (other than two- or three-wheeled or low-speed four-wheeled vehicles). There are also hybrid vehicles meaning that they are fitted with a fuel cell and a battery or a fuel cell and an ultracapacitor.For HICEV see List of hydrogen internal combustion engine vehicles.For a discussion of the advantages and disadvantages of fuel cell vehicles, see fuel cell vehicle Qualified Plug-In Electric Drive Motor Vehicle Credit - Irs Treas online with US Legal Forms. Federal incentives for electric vehicles. This is a list of mass production highway-capable plug-in electric vehicles (PEVs), and also includes those plug-ins at an advanced stage of development or being tested in demonstration programs. Individual Income Tax Return. The IRS has several different types of electric vehicle credits. A tax credit of up to $8,000 is available for the purchase of qualified light-duty fuel cell vehicles, depending on the vehicle's fuel economy. To qualify for the Alternative Motor Vehicle Credit, the vehicle must be a Qualified Fuel Cell Vehicle. 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