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Instructions for Form 8936 (Rev. January 2022) Qualified Plug-in Electric Drive Motor Vehicle Credit (Including Qualified Two-Wheeled Plug-in Electric Vehicles) Department of the Treasury Internal Revenue Service Section references are to the Internal Revenue Code unless otherwise noted. Future Developments For the latest information about developments related to Form 8936 and its instructions, such as legislation enacted after they were published, go to IRS.gov/ Form8936. What’s New Credit for two-wheeled vehicles. The credit for qualified two-wheeled plug-in electric vehicles expired for vehicles acquired after 2021. However, if you acquired the two-wheeled vehicle in 2021, but placed it in service during 2022, you may still be able to claim the credit for 2022. Do not report two-wheeled vehicles acquired after 2021 on Form 8936 unless the credit is extended. At the time these instructions went to print, Congress had not enacted legislation on expired provisions. To find out if legislation has been enacted, go to IRS.gov/Extenders. Reminder The credit is no longer available for Tesla or General Motors vehicles with at least four wheels. See Line 4b. General Instructions Purpose of Form 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 discussed under What's New, earlier. 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. Partnerships and S corporations must file this form to claim the credit. All other taxpayers are not required to complete or file this form if their only source for this credit is a partnership or S corporation. Instead, they can report this credit directly on line 1y in Part III of Form 3800, General Business Credit. Which Revision To Use Use the January 2022 revision of Form 8936 for tax years beginning in 2021 or later, until a later revision is issued. Use prior revisions of the form for earlier tax years. All revisions are available at IRS.gov/Form8936. CAUTION ! Qualified Plug-in Electric Drive Motor Vehicle This is a new vehicle with at least four wheels that: • Is propelled to a significant extent by an electric motor that draws electricity from a battery that has a capacity of not less than 4 kilowatt hours and is capable of being recharged from an external source of electricity, and • Has a gross vehicle weight of less than 14,000 pounds. Qualified Two-Wheeled Plug-in Electric Vehicle This is a new vehicle with two wheels that: • Is capable of achieving a speed of 45 miles per hour or greater, • Is propelled to a significant extent by an electric motor that draws electricity from a battery that has a capacity of not less than 2.5 kilowatt hours and is capable of being recharged from an external source of electricity, and • Has a gross vehicle weight of less than 14,000 pounds. Certification and Other Requirements Generally, you can rely on the manufacturer’s (or, in the case of a foreign manufacturer, its domestic distributor’s) certification to the IRS that a specific make, model, and model year vehicle qualifies for the credit and, if applicable, the amount of the credit for which it qualifies. The manufacturer or domestic distributor should be able to provide you with a copy of the IRS letter acknowledging the certification of the 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 acquired after the date of publication of the withdrawal announcement. If you acquired a vehicle and its certification was withdrawn on or after the date you acquired it, 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 acquired the vehicle on or before the date the IRS published the withdrawal announcement. The following requirements must be met to qualify for the credit. • You are the owner of the vehicle. If the vehicle is leased, only the lessor and not the lessee, is entitled to the credit. • You placed the vehicle in service during your tax year. • The vehicle is manufactured primarily for use on public streets, roads, and highways. • The original use of the vehicle began with you. Sep 22, 2021 Cat. No. 67912V