Form 8907 Nonconventional Source Fuel Credit

Instructions and help about Form 8907 Nonconventional Source Fuel Credit

over IRS form 8911 alternative fuel vehicle refueling property credit this is one of the tax credits that was extended in December of 2022 thanks to the inflation reduction Act it's been extended for property placed in service after 2021 and before tax year 2033 you'll use this form to figure your credit for alternative fuel vehicle Repro refueling property that you placed into service during the tax year you'll see in this form we've already pre-filled some information we're going to make these assumptions as if we're taking a credit for property that was placed into use in tax year 2022. although the rules slightly change for tax years 2023 and Beyond and I'll be sure to point those differences out as we go through the video one a couple of things to note in the IRS form instructions on the IRS website states which revision to use then the IRS guidance is to use the December 2022 revision of this form for tax years beginning in 2022 or later until a later revision is issued as you ca