Screen 8936 - New/Previously Owned Clean Vehicle Credit (1040)

Overview

Enter vehicle information for the New Clean Vehicle credit or Previously Owned Clean Vehicle Credit. The vehicle detail entered will complete Schedule A (Form 8936) Clean Vehicle Credit Amount, Part II – Credit Amount for Business/Investment Use Part of New Clean Vehicle and Part III – Credit Amount for Personal Use Part of New Clean Vehicle. Use the 8936 screen located in the Credits folder to enter vehicle information for Previously Owned Clean Vehicles.
Mark this field if the vehicle is eligible for the Previously Owned Clean Vehicle Credit. Complete the vehicle questions and vehicle information including valid identification number. This completes Schedule A (Form 8936), Part IV – Credit Amount for Previously Owned Clean Vehicle.
Enter in the percentage of business use for the vehicle. If the vehicle was not used in business, leave this field blank. Schedule A (Form 8936), Part II and Part III will use the percentages for business and personal use.
You must enter a valid VIN in the
Vehicle identification number (VIN)
field. If the VIN is invalid, a diagnostic message displays and the form does not calculate a credit for the vehicle.
For passive credits only, enter the amount of the passive-activity credit that was suspended in a prior year due to a limitation on Form 8582-CR. The 8582-CR calculation uses the current-year credit and carryover information in this field to determine both the allowed and unallowed amounts for the current year.

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