Form 8834, Fill in Version Qualified Electric Vehicle Credit

Instructions and help about Form 8834, Fill in Version Qualified Electric Vehicle Credit

okay for this video I want to go over the IRS form 8936 for a qualified plug-in electric Drive credit and this is going to be applicable to the 2022 tax year so I do have the sample 8936 in front of us which we'll go through in full and it is part of a full return form 1040 for these taxpayers so we have John Q J Q taxpayer they're married filing a joint return and they did purchase two vehicles that are going to qualify for this credit so we'll show how they claim the credit on the 89.36 and then how it actually impacts the bottom line on their tax return now in addition to this I do have some other uh materials here that we're going to go through so I have one slide here with some background on the form itself the credit uh what applies to 2022 and what is changing starting in 2023 and going forward and then we do have some relevant websites that we'll go through as well so I've got three websites Government website to help provide some additional information on what vehicles are eli