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What is qualified plug-in electric drive?

Qualified plug-in electric drive refers to vehicles that are equipped with electric drive technology and can be charged by plugging them into an electric power source.

Who is required to file qualified plug-in electric drive?

Taxpayers who purchase or lease a qualified plug-in electric drive vehicle may be eligible to claim a tax credit for the vehicle.

How to fill out qualified plug-in electric drive?

To claim the tax credit for a qualified plug-in electric drive vehicle, taxpayers must fill out Form 8936 and attach it to their tax return.

What is the purpose of qualified plug-in electric drive?

The purpose of the qualified plug-in electric drive tax credit is to incentivize the purchase of environmentally-friendly vehicles.

What information must be reported on qualified plug-in electric drive?

Taxpayers must report the make, model, and year of the vehicle, as well as the amount of the tax credit being claimed.

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