Use Form 8936 to figure your credit for qualified plug-in electric drive motor vehicles you placed in service during your tax year. For most people the current tax year is 2020, not 2021, unless you operate on a different fiscal year basis.
Generally, anyone can adopt the calendar year. However, if any of the following apply, you must adopt the calendar year.
The following requirements must be met to qualify for the credit.
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You are the owner of the vehicle. If the vehicle is leased, only the lessor and not the lessee, is entitled to the credit.
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You placed the vehicle in service during your tax year.
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The vehicle is manufactured primarily for use on public streets, roads, and highways.
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The original use of the vehicle began with you.
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You acquired the vehicle for use or to lease to others, and not for resale.
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You use the vehicle primarily in the United States.
Answers are correct to the best of my ability but do not constitute legal or tax advice.
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