Credit Information > Alternative Motor Vehicle Credit tab

Show all hidden content
Use this tab to enter information for the Alternative Motor Vehicle Credit. The information entered in this window transfers to Form 8910 in UltraTax CS .
To open this tab, select the Credit Information button in an asset's Other tab. The Alternative Motor Vehicle Credit tab is available only when
A
is selected in the
Credit/Amount
field in the Depreciation tab.

Fields & buttons

Year of vehicle
Enter the vehicle's model year in this field.
Make of vehicle
Enter the name of the vehicle manufacturer in this field.
Model of vehicle
Enter the vehicle model in this field.
VIN of vehicle
Enter the vehicle identification number in this field.
Maximum credit allowable (not incl conv credit)
Enter the maximum credit allowable for the year, make, and model of the current vehicle.
Phaseout percentage
Enter the phaseout percentage if the vehicle is an advanced lean-burn technology vehicle or a qualified hybrid vehicle with a phaseout percentage.
note
This field is not available when the client's processing period is tax year 2010 or greater.
Cost of conversion
Enter the cost of converting a vehicle to a qualified plug-in electric drive motor vehicle.
note
This field is available only when the asset's date in service is after February 17, 2009.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close