I'm married and filing joint tax return with my spouse. In the process of purchasing 2 electric cars eligible for tax credit. Our combined income is less that $300K. I make $200K and she works part time and her gross is around $30K. Our tax liability is well above $15K (2 EV tax credits).
I understand my wife and I each can claim 1 vehicle each on our joint return.
My questions is, does IRS look at combined income and combine tax liability or do they look at each person's tax liability and give credit based on individual tax liability?
Thank you
