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Get your taxes done using TurboTax
1 and 3 won't work because the purchaser must buy the vehicle for their own use. at the dealership there will be paperwork for buyers to sign to affirm they qualify for the credit. I guessing but the signing will be under penalties of perjury
2 unsure. the lessor does get the credit. but then the issue arises as to his reporting the lease on his return. FMV rents are being charged and potential other issues.
‎December 5, 2023
12:50 AM
1,013 Views