Generating Individual Form 8936 Qualified Plug-in Electric Drive Motor Vehicle Credit in Lacerte

Use Form 8936 to figure your credit for qualified plug-in electric drive motor vehicles you placed in service during your tax year. Also use Form 8936 to figure your credit for certain qualified two-wheeled plug-in electric vehicles. The credit attributable to depreciable property (vehicles used for business or investment purposes) is treated as a general business credit. Any credit not attributable to depreciable property is treated as a personal credit.

How to Generate Form 8936 starting in tax year 2023

How to generate Form 8936 for tax year 2022 and prior

The input for this form is located in Screen 34, General Business & Vehicle Credits, in the Clean Vehicle Credit section.

1. In the field labeled 1 = alternative motor vehicle (8910), 2 = plug-in electric drive motor vehicle (8936), enter a 2
2. Enter the Date placed in service
3. Enter Kilowatt hour capacity (vehicle with at least four wheels (8936) (x.xxx)

If you can't use part of the personal portion of the credit because of the tax liability limit, the unused credit is lost. The unused personal portion of the credit can't be carried back or forward to other tax years.