Instructions For Form 8910 - Alternative Motor Vehicle Credit

Model Year 2011

mileage) by the total number of miles the vehicle is driven

for all purposes. Treat vehicles used by your employees

Make

Model

Credit Amount

as being used 100% for business/investment purposes if

the value of personal use is included in the employees’

BMW

Active Hybrid 750i

$900

gross income, or the employees reimburse you for the

BMW

Active Hybrid Li

$900

personal use. If you report the amount of personal use of

the vehicle in your employee’s gross income and

BMW

Active Hybrid X6

$1,550

withhold the appropriate taxes, enter 100% for the

Escalade Hybrid

percentage of business/investment use.

Cadillac

$2,200

(2WD & 4WD)

If during the tax year you convert property used solely

for personal purposes to business/investment use (or

Silverado Hybrid C15

Chevrolet

$2,200

2WD

vice versa), figure the percentage of business/investment

use only for the number of months you use the property

Silverado Hybrid K15

Chevrolet

$2,200

in your business or for the production of income. Multiply

4WD

that percentage by the number of months you use the

Tahoe Hybrid C1500

property in your business or for the production of income

Chevrolet

$2,200

2WD

and divide the result by 12. For example, if you converted

a vehicle to 50% business use for the last 6 months of

Tahoe Hybrid K1500

Chevrolet

$2,200

the year, you would enter 25% on line 11 (50% multiplied

4WD

by 6 divided by 12).

Sierra Hybrid C15

GMC

$2,200

For more information, see Pub. 463, Travel,

2WD

Entertainment, Gift, and Car Expenses.

Sierra Hybrid K15

GMC

$2,200

4WD

Line 14

Yukon Hybrid C1500

Enter total alternative motor vehicle credits from:

GMC

$2,200

2WD

•

Schedule K-1 (Form 1065), box 15 (code P)

•

Schedule K-1 (Form 1120S), box 13 (code P)

Yukon Hybrid K1500

GMC

$2,200

4WD

Line 19

Yukon Denali K1500

GMC

$2,200

Enter the total, if any, credits from Form 1040, lines 47

4WD Hybrid

through 50 (or Form 1040NR, lines 45 through 47); Form

Mercedes

ML 450 Hybrid

$2,200

5695, line 11; Form 8834, line 22; and Schedule R, line

22.

Nissan

Altima Hybrid

$2,350

Porsche

Cayenne S Hybrid

$1,800

Line 21

If you cannot use part of the personal portion of the credit

Qualified Hybrid Vehicles That Weigh

because of the tax liability limit, the unused credit is lost.

The unused personal portion of the credit cannot be

More Than 8,500 Pounds

carried back or forward to other tax years.

For information on credit amounts for qualified hybrid

Paperwork Reduction Act Notice. We ask for the

vehicles that weigh more than 8,500 pounds, visit

information on this form to carry out the Internal Revenue

IRS.gov and search for “Alternative Motor Vehicle

laws of the United States. You are required to give us the

Credit.” Also see What’s New on page 1 if the vehicle

information. We need it to ensure that you are complying

was purchased after 2009.

with these laws and to allow us to figure and collect the

Qualified Alternative Fuel Vehicles

right amount of tax.

For information on credit amounts for qualified alternative

You are not required to provide the information

fuel vehicles (for example, $4,000 for the 2009, 2010,

requested on a form that is subject to the Paperwork

and 2011 Honda Civic GX), visit IRS.gov and search for

Reduction Act unless the form displays a valid OMB

“Alternative Motor Vehicle Credit.”

control number. Books or records relating to a form or its

instructions must be retained as long as their contents

Qualified Fuel Cell Vehicles

may become material in the administration of any Internal

For information on credit amounts for qualified fuel cell

Revenue law. Generally, tax returns and return

vehicles (for example, $12,000 for the 2009 Honda FCX

information are confidential, as required by section 6103.

Clarity), visit IRS.gov and search for “Alternative Motor

The time needed to complete and file this form will

Vehicle Credit.”

vary depending on individual circumstances. The

Line 5

estimated burden for individual taxpayers filing this form

is approved under OMB control number 1545-0074 and

Enter any section 179 expense deduction you claimed for

is included in the estimates shown in the instructions for

the vehicle conversion from Part I of Form 4562,

their individual income tax return. The estimated burden

Depreciation and Amortization.

for all other taxpayers who file this form is shown below.

Line 11

Recordkeeping . . . . . . . . . . . . . . . . . . . . . . . . .

11 hr.

Enter the percentage of business/investment use.

Learning about the law or the form . . . . . . . . . .

12 min.

Enter 100% if the vehicle is used solely for business

Preparing and sending the form to the IRS . . . .

22 min.

purposes or you are claiming the credit as the seller of

the vehicle.

If you have comments concerning the accuracy of

these time estimates or suggestions for making this form

If the vehicle is used for both business purposes and

simpler, we would be happy to hear from you. See the

personal purposes, determine the percentage of

instructions for the tax return with which this form is filed.

business use by dividing the number of miles the vehicle

is driven during the year for business purposes or for the

production of income (not to include any commuting

-4-

2010 Instructions for Form 8910

Instructions For Form 8910 - Alternative Motor Vehicle Credit - 2010 Page 4

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