Form 8834 is used to claim qualified electric vehicle passive activity credits from prior years (allowed on Form 8582-CR or Form 8810 for the current year). Passive activity credits are carried-over credits from previous years which you were unable to claim the credits due to the passive activity rules. The qualified electric vehicle credit was available for certain vehicles placed in service before 2007.
If you are unable to use a portion of the credit due to the tax liability limit, the unused amount will be forfeited. It cannot be carried over to future years or applied to previous years.
Program entry
To enter this credit within the program, go to:
- Federal
- Deductions(select my forms)
- Credits
- Qualified Electric Vehicle Credit