Form 8936 - Qualified Plug-In Electric Drive Motor Vehicle Credit - Non-Refundable Credit
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The Qualified Plug-in Electric Drive Motor Vehicle Credit is a non-refundable credit. A non-refundable credit can reduce your tax liability to 0 (zero); however, it cannot result in a refund. So, if you qualify for a $350 credit and your tax liability is $200, you will only receive a $200 credit on your return. If your tax liability is zero, you will not receive the credit at all, even though you are otherwise eligible for it.

To report a Qualified Plug in Electric Motor Vehicle credit.

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
  2. Click Other Credits in the Federal Quick Q&A Topics menu to expand, then click Other credits.
  3. Click General Business Credits.
  4. Check the Form 8936 box and continue with the interview process.

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Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.