My father wants to be a co signer on my Tesla. To help with payments. Researching it says to use ev tax credits you have to qualify for certain income:
- $300,000 for married couples filing jointly
- $225,000 for heads of households
- $150,000 for all other filers
If my father is co signer. But his income is 150k and mine is 73k is IRS adding both our incomes for tax EV qualification? Even if I’m the only one who will be using this tax EV credit and my father will not ? Or do they only go off of the income qualification of who is using the EV tax. Also is there a minimum income you have to hit to be eligible? Please help thank you !
