Elite Tax
Level 1
02-28-2025
11:22 PM
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To complete Form 8911 for the Alternative Fuel Vehicle Refueling Property Credit, you will need the following additional details:
- Location of the Property (Complete Address)
- Coordinates (Latitude and Longitude) – These can be found on the CDFI Fund's CIMS website.
- Date Construction Began and Date Placed in Service – These are essential for the credit calculation.
- If placed in service before 2025:
- Line 6b: 11-digit Census Tract GEOID – This can be found using the coordinates on the CDFI Fund’s CIMS.
- Line 6c: The 11-digit Census Tract GEOID, typically GEOID=1 for a default census tract.
- Total Cost of Qualified Property
- Business Use Percentage (if applicable) – If the property is only for personal use, enter the percentage as a decimal less than 1. For example, if 100% business use, enter 1. If it is for personal use only, enter 0.
- Confirm Eligibility: Ensure the client's past year AGI qualifies for the credit.