; Tax Form 8911
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Tax Form 8911

VIEWS: 17 PAGES: 1

Tax Form 8911 document sample

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  • pg 1
									The EV Island, fully integrated renewable energy system with the
Charge Point charging station and V100 Energy Ball (UL
Listed).

For charging stations at a business, multi family, or agricultural
zoned locations, where the business owns the equipment.

The IRS Code giving authority for the credits and grants are as
follows:

IRC 30C
Section 179 A. (d)
IRC 48(c)(1)(B), 48(c)(2)(B), 48(c)(3)(B)
IRC 48(a)(5)(D)
IRC 45(d)

Apply online for Section 1603
Grant https://treas1603.nrel.gov/

IRS Forms 8911 lines 1-9, for Business (assuming LLC)

If owned by a partnership or LLC, the partner(s) would receive a
K-1 for the pass through of this credit, which the individual would
file on their personal tax return using form 3800, Line S.

If total installation cost was $28,000, the following credits would
apply:

$8,400        30% Federal Credit under Section 1603 ARRA
$9,800        Section 179 Deduction
$9,100        Form 8911 Credit, IRC 30C

$27,300       Total credits for adding a refueling station integrated
with your wind turbine (energy ball). No other turbine is UL listed
for this application.

$700.00          Total net cost for after receiving all credits.

Disclaimer: Please consult with your own tax professional regarding the                888-712-8088
applicability of all the credits described above. Northwest Windpower is a
supplier and developer for small wind technology and products, and not able   www.northwestwindpower.net
to give legal or tax advice.
                                                                              email: ted@nwwindpower.net

								
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