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Instruction for Form 8810 Corporate Passive Activity Loss and Credit Limitations

Instruction for Form 8810 Corporate Passive Activity Loss and Credit Limitations

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over IRS form 8834 qualified electric vehicle credit now this was the tax form that was originally in place prior to the inflation reduction Act of 2022. that act expanded the Internal Revenue code so that you could claim a tax credit or an expanded tax credit on an electric vehicle either a new vehicle that you placed in the service or a used vehicle that that you placed in a service during the tax year so this is not the form that you would use to claim those credits instead you would go to IRS form 8936 to claim any of those new of electric vehicle tax credits for vehicles placed in a service after 2022. this tax form is for claiming qualified electrical vehicle credits that were considered to be passive activity credits from prior Years you'll find these tax credits either on IRS form 8582-cr this is passive activity credit limitations or IRS form 8810 which is passive activity loss and credits for corporations so uh you know be sure that before you go through this form tha

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