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For this, it has to be claimed in the year the vehicle was purchased and any unused portion will be eliminated if there is a tax liability. If, however, the business is owed a tax refund and has no tax liability, then the credit will be unused and will carry forward to the next year.

Clean Vehicle Credit: when you prepare and file your current year tax return on eFile. The form generated will be Form - eFileIT. For the old hybrid tax credit, claim it on Form for the year in question. Pull my free credit report The details and pull my free credit report below apply to the original credit for returns prior to called repprt Plug-In Electric Drive Motor Vehicle Credit.

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