Deductions & credits

@Vpvinesh there is no where that it states that you are limited to one per person person.  Hence, you can purchase as many EVs as you please. 

 

The issue is whether they are for for personal use and whether your tax liability (line 22 of Form 1040 prior to the tax credit) is large enough to absorb the credit.

 

there can't be multiple owners that claim the credit on one car (Q11) but there is nothing that states one owner can't claim multiple credits.  See the difference? 

 

suggest reading through these FAQs

 

https://www.irs.gov/newsroom/topic-a-frequently-asked-questions-about-the-eligibility-rules-for-the-...