Get Irs 8911 2024-2026

The IRS 8911 form is essential for claiming the alternative fuel vehicle refueling property credit. This guide provides a clear, step-by-step approach to completing the form online, ensuring users can effectively navigate the process with confidence.

Follow the steps to fill out the IRS 8911 online

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your identifying number and the names shown on your tax return in the appropriate fields.
3. Complete Part I, which is for the credit for business/investment use part of refueling property. Enter the total credit amount from Part II of Schedule(s) A (Form 8911) in line 1, and any alternative fuel vehicle refueling property credit from partnerships or S corporations in line 2.
4. Sum the amounts in lines 1 and 2 for line 3, and follow the instructions based on your tax capacity to report this amount accordingly.
5. Proceed to Part II to determine the credit for personal use part of the refueling property. Enter the total credit amount from Part III of Schedule(s) A (Form 8911) in line 4.
6. For line 5, enter the regular tax before credits based on your specific tax return type, referring to the instructions for guidance.
7. In lines 6a and 6b, enter any applicable credits that reduce the regular tax before the alternative fuel vehicle refueling property credit and sum them in line 6c.
8. Calculate your net regular tax by subtracting line 6c from line 5. If this amount is zero or less, enter -0- and note that you should not file this form unless action is required on line 3.
9. For line 8, enter the tentative minimum tax as outlined in the instructions, based on your return type. Also, follow the instructions for line 9 to calculate by subtracting line 8 from line 7.
10. Finally, enter the smaller amount from line 4 or line 9 on line 10, ensuring it is documented on Schedule 3 (Form 1040) or the appropriate location on your return.
11. After reviewing the completed form for accuracy, save your changes, and choose whether to download, print, or share the completed form.

Start completing your IRS 8911 form online today to take advantage of the alternative fuel vehicle refueling property credit.