Fillable Printable Form 8910
Fillable Printable Form 8910
Form 8910
Form
8910
Department of the Treasury
Internal Revenue Service
Alternative Motor Vehicle Credit
OMB No. 1545-1998
Attachment
Sequence No. 152
©
Attach to your tax return.
Part I
Part III
Name(s) shown on return
Identifying number
Tentative Credit
Enter date vehicle was placed in service (MM/DD/YYYY)
Maximum credit allowable (see instructions)
Phaseout percentage (see instructions)
Tentative credit. Multiply line 3 by line 4
Multiply line 5 by line 6
Add columns (a) through (c) on line 7
Alternative motor vehicle credit from partnerships and S corporations
Credit for Personal Use Part of Vehicle
2
3
4
5
7
18
2
3
4
5
7
(a)
(b)
(c)
Form 8910 (2007)
Cat. No. 37720F
8
8
For Paperwork Reduction Act Notice, see instructions.
Year, make, and model of vehicle
1
1
Subtract line 7 from line 5
11
Business/investment use part of credit. Add lines 8 and 9. Partnerships and S corporations, report
this amount on Schedule K; all others, report this amount on Form 3800, line 1s
9
15
16
17
Personal use part of credit. Enter the smaller of line 12 or 17 here and on Form 1040, line 55; Form
1040NR, line 50; or the appropriate line of your return. If line 17 is smaller than line 12, see instructions
Net regular tax. Subtract line 14d from line 13. If zero or less, stop here; do not file this form unless
you are claiming a credit on line 10
Tentative minimum tax (see instructions):
Subtract line 16 from line 15. If zero or less, stop here; do not file this form unless you are claiming
a credit on line 10
Credits that reduce regular tax before the alternative motor vehicle credit:
Foreign tax credit
Credits from Form 1040, lines 47 through 50 and 52 through 54 (or Form
1040NR, lines 44, 45, and 47 through 49)
Qualified electric vehicle credit (Form 8834, line 11)
a
b
c
14
14a
14b
Add lines 14a through 14c
d
14c
14d
18
15
16
17
9
Use a separate column for each vehicle. If you need more columns, use
additional Forms 8910 and include the totals on lines 8 and 12.
/ /
/ /
/ /
Business/investment use percentage (see instructions)
6
6
%
%
%
%
%
%
Part II
Credit for Business/Investment Use Part of Vehicle
10
10
13
Add columns (a) through (c) on line 11
12
12
Regular tax before credits:
13
● Individuals. Enter the amount from Form 1040, line 44 (or Form 1040NR,
line 41)
● Other filers. Enter the regular tax before credits from your return
11
● Individuals. Enter the amount from Form 6251, line 33
● Other filers. Enter the tentative minimum tax from your alternative minimum tax form or schedule
%
%
20
07
Form 8910 (2007)
Page 2
General Instructions
Purpose of Form
Use Form 8910 to figure your credit for alternative motor
vehicles you placed in service during your tax year. 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.
Alternative Motor Vehicle
An alternative motor vehicle is a new vehicle that
qualifies as one of the following four types of vehicles.
● Qualified alternative fuel vehicle. This is a vehicle
fueled solely by compressed natural gas, liquefied
natural gas, liquefied petroleum gas, hydrogen, any
liquid that is at least 85 percent methanol, or a mixture
of one of these fuels and a petroleum-based fuel, and
that meets certain additional requirements.
Section references are to the Internal Revenue Code.
● Advanced lean burn technology vehicle. This is a
vehicle with an internal combustion engine that
incorporates direct injection, is designed to operate
primarily using more air than is necessary for complete
combustion of the fuel, and that meets certain
additional requirements.
● Qualified hybrid vehicle. This is a vehicle that draws
propulsion energy from onboard sources of stored
energy that are both an internal combustion or heat
engine using consumable fuel and a rechargeable
energy storage system, and that meets certain
additional requirements.
● Qualified fuel cell vehicle. This is a vehicle
propelled by power derived from one or more cells that
convert chemical energy directly into electricity by
combining oxygen with hydrogen fuel, and that meets
certain additional requirements.
Generally, for a qualified alternative fuel vehicle, an
advanced lean burn technology vehicle, or a qualified
hybrid vehicle, you can rely on the manufacturer’s (or, in
the case of a foreign manufacturer, its domestic
distributor’s) certification that a specific make, model,
and model year vehicle qualifies for the credit and the
maximum amount of the credit for which it qualifies.
Basis Reduction
Unless you elect not to claim the credit, you may have to
reduce the basis of each vehicle by the sum of the
amounts entered on lines 7 and 11 for that vehicle.
If, however, the IRS publishes an announcement that
the certification for any specific make, model, and model
year vehicle has been withdrawn, you cannot rely on the
certification for such a vehicle purchased after the date
of publication of the withdrawal announcement.
If you purchased a vehicle and its certification was
withdrawn on or after the date of purchase, you can rely
on such certification even if you had not placed the
vehicle in service or claimed the credit by the date the
withdrawal announcement was published by the IRS.
The IRS will not attempt to collect any understatement
of tax liability attributable to reliance on the certification
as long as you purchased the vehicle on or before the
date the IRS published the withdrawal announcement.
In addition to certification, the following requirements
must be met to qualify for the credit:
● You placed the vehicle in service during your tax
year;
● The original use of the vehicle began with you;
● You acquired the vehicle for use or to lease to
others, and not for resale; and
● You use the vehicle primarily in the United States.
Exception. If you are the seller of a new vehicle to a
tax-exempt organization, governmental unit, or a foreign
person or entity, and the use of that vehicle is described
in section 50(b)(3) or (4), you can claim the credit, but
only if you clearly disclose in writing to the purchaser the
amount of the tentative credit allowable for the vehicle
(from line 5 of Form 8910).
For details, see section 30B, Notice 2006-9 (qualified
hybrid vehicles weighing 8,500 pounds or less and
advanced lean burn technology vehicles), Notice
2007-46 (qualified hybrid vehicles weighing more than
8,500 pounds), and Notice 2006-54 (qualified alternative
fuel vehicles). You can find Notice 2006-9 on page 413
of Internal Revenue Bulletin (IRB) 2006-6 at
www.irs.gov/pub/irs-irbs/irb06-06.pdf. You can find
Notice 2007-46 on page 1342 of IRB 2007-23 at
www.irs.gov/pub/irs-irbs/irb07-23.pdf. You can find
Notice 2006-54 on page 1180 of IRB 2006-26 at
www.irs.gov/pub/irs-irbs/irb06-26.pdf.
Credit Phaseout
The credit for qualified hybrid vehicles weighing 8,500
pounds or less and advanced lean burn technology
vehicles is subject to a phaseout (reduction) once the
vehicle manufacturer (or, for a foreign manufacturer, its
U.S. distributor) sells 60,000 of these vehicles to a
retailer for use in the United States after 2005. The
phaseout begins in the second calendar quarter after
the quarter in which the 60,000th vehicle was sold.
Then the phaseout allows 50% of the full credit for 2
quarters, 25% of the full credit for 2 additional
quarters, and no credit thereafter.
Line 4
If your vehicle was used only for personal
purposes during the year, and you owe
alternative minimum tax (for example, Form
1040, line 45, is more than zero), do not
complete Form 8910 because your allowable credit will
be zero.
CAUTION
Taxpayers that are not partnerships or S corporations,
and whose only source of this credit is from those
pass-through entities, are not required to complete or
file this form. Instead, they can report this credit directly
on line 1s of Form 3800.
● You are the owner of the vehicle. If the vehicle is
leased, only the lessor and not the lessee, is entitled to
the credit;
Form 8910 (2007)
Page 3
● Ford Escape 2WD Hybrid—$2,600
● Ford Escape 4WD Hybrid—$1,950
● GMC Sierra 2WD Hybrid—$250
● Honda Insight CVT—$1,450
● Lexus RX 400h 2WD and 4WD Hybrid—$2,200
● Mercury Mariner 4WD Hybrid—$1,950
● Toyota Highlander 2WD and 4WD Hybrid—$2,600
● Toyota Prius—$3,150
Model Year 2007
● Chevrolet Silverado 2WD Hybrid—$250
● Chevrolet Silverado 4WD Hybrid—$650
● Ford Escape 2WD Hybrid—$2,600
● Ford Escape 4WD Hybrid—$1,950
● GMC Sierra 2WD Hybrid—$250
● GMC Sierra 4WD Hybrid—$650
● Honda Accord Hybrid AT and Navi AT—$1,300
● Honda Civic GX—$4,000
● Honda Civic Hybrid CVT—$2,100
● Lexus RX 400h 2WD and 4WD Hybrid—$2,200
● Saturn Vue Green Line—$650
● Toyota Camry Hybrid—$2,600
● Toyota Prius—$3,150
● Toyota Highlander 2WD and 4WD Hybrid—$2,600
● Lexus GS 450h—$1,550
Line 4
Use the following list to determine the percentage to enter
on line 4.
● GMC Sierra 4WD Hybrid—$650
● Honda Accord Hybrid AT and Navi AT without
updated calibration—$650
● Honda Accord Hybrid AT and Navi AT with updated
calibration—$1,300
● Honda Civic Hybrid CVT—$2,100
● Mercury Mariner 4WD Hybrid—$1,950
Specific Instructions
Line 3
Enter the maximum credit allowable (before reduction
under the phaseout rules) for the year, make, and model
of vehicle you entered on line 1. You can generally rely
on the manufacturer’s (or domestic distributor’s)
certification of the maximum credit allowable as
explained above.
Maximum credit allowable. Maximum credit allowable
amounts acknowledged by the IRS for model years
2006 to 2008 through December 2007 are listed below.
This list contains information from IRS news
releases available at the time this form went
to print. To check for information on model
year 2005 vehicles or for later IRS news
releases that may update this list, visit www.irs.gov and
search for “hybrid.”
Line 4
CAUTION
Model Year 2006
● Chevrolet Silverado 2WD Hybrid—$250
● Chevrolet Silverado 4WD Hybrid—$650
● Nissan Altima Hybrid—$2,350
● Honda Civic GX—$4,000
● Saturn Aura Hybrid—$1,300
Model Year 2008
● Ford Escape 2WD Hybrid—$3,000
● Ford Escape 4WD Hybrid—$2,200
● Mercury Mariner 2WD Hybrid—$3,000
● Mercury Mariner 4WD Hybrid—$2,200
Recapture of Credit
If the vehicle no longer qualifies for the credit, you may
have to recapture part or all of the credit. For details, see
section 30B(h)(8).
● Honda FCX—$12,000
● Chevrolet Malibu Hybrid—$1,300
● Honda Civic Hybrid CVT—$2,100
● Honda Civic GX—$4,000
● Lexus LS 600h L Hybrid—$1,800
● Lexus RX 400h 2WD and 4WD Hybrid—$2,200
● Mazda Tribute 2WD Hybrid—$3,000
● Mazda Tribute 4WD Hybrid—$2,200
● If the vehicle is not a Toyota, Lexus, or Honda vehicle,
enter 100%.
● If the vehicle is a heavy-duty vehicle (it weighs more
than 8,500 pounds), enter 100%.
● If the vehicle is either a qualified alternative fuel vehicle
(for example, a Honda Civic GX) or a qualified fuel cell
vehicle (for example, a Honda FCX), enter 100%.
● If the vehicle is a Honda purchased before
January 1, 2008, enter 100%.
● If the vehicle is a Honda purchased after December 31,
2007, and before July 1, 2008, enter 50%.
● If the vehicle is a Honda purchased after June 30, 2008,
and before January 1, 2009, enter 25%.
● If the vehicle is a Toyota or Lexus purchased after
September 30, 2006, and before April 1, 2007, enter 50%.
● If the vehicle is a Toyota or Lexus purchased after
March 31, 2007, and before October 1, 2007, enter 25%.
● Nissan Altima Hybrid—$2,350
● Saturn Aura Hybrid—$1,300
● Toyota Prius Hybrid—$3,150
● Toyota Camry Hybrid—$2,600
● Toyota Highlander 4WD Hybrid—$2,600
● Chevrolet Tahoe 2WD and 4WD Hybrid—$2,200
● GMC Yukon 2WD and 4WD Hybrid—$2,200
● Saturn Vue Green Line—$1,550
● If the vehicle is a Toyota or Lexus purchased after
September 30, 2007, enter 0%.
Paperwork Reduction Act Notice. We ask for the
information on this form to carry out the Internal
Revenue laws of the United States. You are required to
give us the information. We need it to ensure that you
are complying with these laws and to allow us to figure
and collect the right amount of tax.
You are not required to provide the information
requested on a form that is subject to the Paperwork
Reduction Act unless the form displays a valid OMB
control number. Books or records relating to a form or
its instructions must be retained as long as their
contents may become material in the administration of
any Internal Revenue law. Generally, tax returns and
return information are confidential, as required by
section 6103.
The time needed to complete and file this form will
vary depending on individual circumstances. The
estimated burden for individual taxpayers filing this form
is approved under OMB control number 1545-0074 and
is included in the estimates shown in the instructions for
their individual income tax return. The estimated burden
for all other taxpayers who file this form is shown below.
If you have comments concerning the accuracy of
these time estimates or suggestions for making this form
simpler, we would be happy to hear from you. See the
instructions for the tax return with which this form is
filed.
Recordkeeping 9 hr., 19 min.
Learning about the law
or the form 12 min.
Preparing and sending
the form to the IRS 21 min.
Line 18
If you cannot 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 cannot
be carried back or forward to other tax years.
Line 16
Although you may not owe alternative minimum tax
(AMT), you must still figure the tentative minimum tax
(TMT) to figure your allowable credit. Complete and
attach the applicable AMT form or schedule and enter
the TMT on line 16.
For more information, see Pub. 463, Travel,
Entertainment, Gift, and Car Expenses.
If during the tax year you convert property used solely
for personal purposes to business/investment use (or
vice versa), figure the percentage of business/
investment use only for the number of months you use
the property in your business or for the production of
income. Multiply that percentage by the number of
months you use the property in your business or for the
production of income and divide the result by 12. For
example, if you converted a vehicle to 50% business
use for the last 6 months of the year, you would enter
25% on line 6 (50% multiplied by 6 divided by 12).
Form 8910 (2007)
Page 4
Line 9
Enter total alternative motor vehicle credits from:
● Schedule K-1 (Form 1065), box 15 (code P)
● Schedule K-1 (Form 1120S), box 13 (code P)
Enter 100% if the vehicle is used solely for business
purposes or you are claiming the credit as the seller of
the vehicle.
Enter the percentage of business/investment use.
Line 6
If the vehicle is used for both business purposes and
personal purposes, determine the percentage of
business use by dividing the number of miles the vehicle
is driven during the year for business purposes or for the
production of income (not to include any commuting
mileage) by the total number of miles the vehicle is
driven for all purposes. Treat vehicles used by your
employees as being used 100% for business/investment
purposes if the value of personal use is included in the
employees’ gross income, or the employees reimburse
you for the personal use. If you report the amount of
personal use of the vehicle in your employee’s gross
income and withhold the appropriate taxes, enter
100% for the percentage of business/investment use.
