Depending on your liability and other tax credits you take, you may not see the full tax savings of the tentative credit you calculate on Form 8936 Qualified Plug-in Electric Drive Motor Vehicle Credit. This is because the credit is a nonrefundable credit. Nonrefundable tax credits cannot reduce your tax bill below zero and also reduce your tax bill for a number of other credits taken before reducing the remaining tax bill for your plug-in electric motor vehicle credit.
