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Form 8911 Alternative Fuel Vehicle Refueling
Property Credit

Introduction

Form 8911, Alternative Fuel Vehicle Refueling Property Credit, allows businesses, individuals, and certain tax-exempt organizations to claim tax credits for installing refueling equipment for alternative fuel vehicles.

For tax-exempt organizations filing Form 990-T, Form 8911 provides an opportunity to offset unrelated business income tax (UBIT) through credits on eligible alternative fuel refueling property investments.

This resource article will help you understand more about Form 8911 by clarifying who must file, the filing requirements, and addressing commonly asked questions.

Table of Contents

  • What is Form 8911?

What is Form 8911?

Form 8911 is used to figure out and claim your credit for alternative fuel vehicle refueling property you placed in service during your tax year. These credits can help reduce your tax burden and incentivize the use of cleaner energy sources.

Qualifying Properties for Form 8911

  • Electric vehicle charging stations
  • Hydrogen fueling equipment
  • Natural gas and propane refueling property

These installations may be located at businesses, public facilities, or even personal residences if they meet IRS criteria.

Who must file Form 8911?

Generally, any organization that is subject to UBIT and has invested in alternative fuel vehicle refueling property must file Form 8911.

  • Individuals and Businesses: Those who have invested in alternative fuel vehicle refueling property at their home or business.
  • Partnerships and S corporations: They must file this form to claim the credit.

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TaxZerone is an IRS-authorized e-file service provider offering much more than a smooth 990-T e-filing experience.

With TaxZerone, you’ll receive real-time updates on your 990-T return’s status, keeping you informed every step of the way.

Our intuitive platform makes e-filing effortless, with friendly guidance and support from start to finish. Simplify your filing journey with TaxZerone!

Here’s how your Form 990-T return with 8911 attachment is transmitted to the IRS in 3 simple steps!

  1. Provide Organization Details - Choose the tax year for which you want to file the 990-T return, and provide your organization’s details.
  2. Preview Form 8911 - Attach 8911 to claim tax credits for installing refueling equipment for your organization’s purpose and preview the information provided in the return for accuracy before transmitting.
  3. Transmit to the IRS - Transmit Form 8911 along with your 990-T Return to the IRS and get the acceptance in just a few hours.

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Commonly Asked Questions

1. What qualifies as alternative fuel vehicle refueling property?

Alternative fuel vehicle refueling property includes equipment for charging electric vehicles, hydrogen fuel cell stations, and natural gas refueling installations that meet IRS eligibility criteria.

2. Do I need to file separate forms for each refueling property?

There’s no need for that. Form 8911 covers all eligible refueling properties. However, details on each installation must be provided to ensure proper credit calculation.

3. Can unused credits be carried forward?

No, if the credit amount exceeds your tax liability limit, the unused credit is lost. The unused portion of the credit can’t be carried back or forward to other tax years.