- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thank you so much for all the expert replies! 🙂
Similar situation but a little different with potential co-owners in two states. I make too much to qualify for the $7500 credit and I live in state X. A family member resides nearby in state Y and should be under the AGI requirement this year. State X has an EV rebate, state Y does not. I had just about given up on the $7500 credit but then had the craziest idea; if the 2 of us are co-owners on the car and register the car in State X, I should be able to apply for the state rebate while my family member claims the car for the credit?! Adding to the headache is the fact that said family member is out of the country for the next few months so would likely need to be flown back to take delivery of the car (preferably by the end of February?) . Was hoping to double check that this would work before going through the extra expense and hassle of flying family member back lol. Thank you in advance for any thoughts/input.