Rev. January 2024
Form 8911 is a tax form related to Alternative Fuel Vehicle Refueling Property Credit. The form consists of three parts: Part I for business/investment use, Part II for calculating the credit, and Part III for personal use. In Part I, taxpayers report the total cost of qualified alternative fuel vehicle refueling property. They calculate the credit amount in Part II using sections 179 expense deduction, percentage of business use, and maximum business investment use part of credit. In Part III, taxpayers report the personal use part of the credit, which is the smaller between lines 13 and 18, on Schedule 3 or the appropriate line of their return.
Line 6 is for reporting the credit amount for one item of refueling property with a credit amount of not more than $100,000. Line 7 is for reporting the credit amount for all refueling properties placed in service during the tax year, regardless of the individual credit amount for each property.
Individuals, partnerships, S corporations, estates and trusts, and other entities can file Form 8911 to claim the alternative fuel vehicle refueling property credit.
Form 8911 must be filed with the taxpayer's annual income tax return, usually by April 15 of the following year.
Form 8911 is used to claim the alternative fuel vehicle refueling property credit for fueling property placed in service during the tax year.
Line 5a requires the total amount of qualified fuel property costs for each separate item of property, including all costs incurred before and after the property was placed in service.
Form 8911 is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
The easiest way to fill Form 8911 online
Delete filling session
Delete editing session
