8885 Health Coverage Tax Credit

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It is subject to change and OMB approval before it
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I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 8834, PAGE 1 of 2
MARGINS: TOP 13mm (1⁄ 2 "), CENTER SIDES.
PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
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8834

Action

Date

O.K. to print
Revised proofs
requested

OMB No. 1545-1374

Qualified Electric Vehicle Credit
©

Name(s) shown on return

2006

f
o
s
a
6
t
0
f
0
a
2
r
/
D /09
8
0
©

Department of the Treasury
Internal Revenue Service

Signature

Attach to your tax return.
See instructions on back.

Attachment
Sequence No.

111

Identifying number

Part I
Tentative Credit
Caution. This credit applies only to vehicles placed in service before 2007
Use a separate column for each vehicle. If you need more columns,
use additional Forms 8834 and include the total on line 8.

1
2
3
4
5
6
7
8
9

10
11
12
13
14

(a)

1
Enter date vehicle placed in service (MM/DD)
2
Cost of vehicle
3
Section 179 expense deduction (see instructions)
4
Subtract line 3 from line 2
5
Multiply line 4 by 2.5% (.025)
6
Maximum credit per vehicle
7
Enter the smaller of line 5 or line 6
Add columns (a) through (c) on line 7
Qualified electric vehicle credits from pass-through entities:
If you are a:

Then enter the total electric vehicle credits from:

Shareholder

Schedule K-1 (Form 1120S), box 13, code D, E, or P

Partner

Schedule K-1 (Form 1065), box 15, code D, E, or P

/

(b)

/ 06

1,000

1,000

00

00

/

06

1,000

00

/

8

%

9

Add lines 8 and 9
Passive activity credits included on line 10 (see instructions)
Subtract line 11 from line 10
Passive activity credits allowed for 2006 (see instructions)
Tentative qualified electric vehicle credit. Add lines 12 and 13

Part II

/ 06

/

(c)

©

10
11
12
13
14

Allowable Credit

15

Regular tax before credits.
● Individuals. Enter the amount from Form 1040, line 44, or Form 1040NR, line 41.
● Corporations. Enter the amount from Form 1120, Schedule J, line 2.
● Other filers. Enter the regular tax before credits from your return.
16 Credits that reduce regular tax before the qualified electric vehicle credit:
16a
a Foreign tax credit
b Credits from Form 1040, lines 48 through 54, or Form 1040NR, lines
16b
45 through 49

%

c Add lines 16a and 16b
17 Net regular tax. Subtract line 16c from line 15. If zero or less, do not file this form; you cannot
claim this credit
18 Tentative minimum tax (see instructions).
● Individuals. Enter the amount from Form 6251, line 33.
● Corporations. Enter the amount from Form 4626, line 12.
● Estates and trusts. Enter the amount from Form 1041, Schedule I, line 54.
19 Subtract line 18 from line 17. If zero or less, do not file this form; you cannot claim this credit
20 Qualified electric vehicle credit. Enter the smaller of line 14 or 19 here and on Form 1040, line
55; Form 1040NR, line 50; Form 1120, Schedule J, line 5b; Form 1041, Schedule G, line 2b; or
©
the appropriate line of your return. If line 19 is smaller than line 14, see instructions

%

For Paperwork Reduction Act Notice, see back of form.

Cat. No. 14953G

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16c
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Form

8834

(2006)