Entering Alternative Motor Vehicle Credit information

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As of December 14, 2006, the Internal Revenue Service has acknowledged the manufacturers' certifications of qualified hybrid vehicles and credit amounts for model years beginning with 2005. Perform the following steps to enter Alternative Motor Vehicle Credit information.

Note: For details about qualified vehicles and credit amounts, see Qualified Hybrid Vehicles on the IRS website and the latest Form 8910 instructions.

  1. Open the Asset List window for an activity.
  2. In the Asset List window, click the Add button to add an asset, or highlight the desired asset and click the Modify button.
  3. Click the appropriate link to view the remaining steps.

    1. From the drop-down list for the Credit field, select credit code A. The Alternative Motor Vehicle Credit dialog opens.
    2. In the Alternative Motor Vehicle Credit dialog, enter information in the appropriate fields.
    3. Click OK.
    1. Click the Other tab.
    2. Click the Credit Information button.
    3. In the Alternative Motor Vehicle Credit tab, enter information in the appropriate fields.
    4. Click OK.
  4. Click Done to return to the Asset List window.

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