@Vanessa A wrote:
No, you would not be able to claim the credit if you transferred ownership to your son whether or not he paid you for it or not. In order to claim the credit you must own the EV. If you dispose of the vehicle within 3 years, you would need to pay back some or all of the credit.
Section 30 was repealed in 2014. The EV credit is section 30D, and the 3-year recapture provision of Section 30 would not apply to Section 30D.
However, the credit only applies for a vehicle "which is acquired for use or lease by the taxpayer and not for resale". That seems to be questionable in this situation.
