topic Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with BOTH business name and personal name? in Get your taxes done using TurboTax

Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with BOTH business name and personal name?

enl25 — Tue, 24 Feb 2026 07:28:30 GMT

My wife runs a business full time through a single member LLC. It involves a lot of driving so she wants to get an EV. She is planning on buying a tesla but they are saying that she can only register and title with BOTH the business name and personal name. Would she still be eligible for the Commercial clean vehicle credit (https://www.irs.gov/credits-deductions/commercial-clean-vehicle-credit) under this scenario?

Also given the LLC doesn't have the longest credit history getting a loan may mean she needs to co-sign for financing with both LLC name and her personal name. Would that cause any issues?

Finally our state, Colorado, has $5K EV credit (https://tax.colorado.gov/sites/tax/files/documents/ITT_Innovative_Motor_Vehicle_Credit_Jun_2023.pdf), under the scenario of buying with BOTH the business name and personal name and getting the 7.5K clean commercial vehicle credit would she still be eligible to get the CO 5K ev credit?

Appreciate the input on this!

Thank you

Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with BOTH business name and personal name?

Anonymous_ — Tue, 05 Sep 2023 14:29:30 GMT

Note that a single-member LLC (presumably without an election to be treated as a corporation via Form 2553 or 8832) is a disregarded entity for federal income tax purposes.

Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with BOTH business name and personal name?

Voltcredit — Tue, 23 Jan 2024 16:30:49 GMT

Therefore cannot take that credit?

Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with...

AbrahamT — Wed, 24 Jan 2024 17:39:49 GMT

Just to clarify, are you referring to the state of Co 5,000 EV credit. See HERE under Subsection "Eligible purchasers and lessees".

It specifically mentions that only in an S corporation or partnership capacity, may the individual shareholder claim the credit, not a C corp. Thus registering the vehicle under her name and the S corp name would bear no effect.

As far as the 7,500 IRS New Clean Vehicle credit is concerned, the same hold true. See HERE under Subsection Q2.

It is not clear from either publication as to how single member LLC would fall into the definition of partnership.

Then again, nowhere does it specifically mention that if he register the vehicle under both under his name and the llc

will his credit be adversely affected. Being the fact that an individual alone who is not associated with any busines is entitled to both the IRS and the Colorado credit and the restriction rests solely by the manufacturer to be registered in both names, I would venture to say that he would be entitled to both credits.

Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with...

Voltcredit — Sat, 27 Jan 2024 15:28:35 GMT

We are referring to the Commercial Clean Vehicle Credit from the IRS. See first link of the first post.

Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with...

AbrahamT — Sun, 28 Jan 2024 20:06:29 GMT

Note that the New Clean Vehicle Credit is the same as the Commercial Clean Vehicle Credit. See what Abraham Teitelbaum said earlier re; this

Just to clarify, are you referring to the state of Co 5,000 EV credit. See HERE under Subsection "Eligible purchasers and lessees".

"As far as the 7,500 IRS New Clean Vehicle credit is concerned, the same hold true. See HERE under Subsection Q2".

It is not clear from either publication as to how single member LLC would fall into the definition of partnership.

Then again, nowhere does it specifically mention that if he register the vehicle under both under his name and the llc

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Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with...

Voltcredit — Sun, 28 Jan 2024 21:03:26 GMT

The New Clean Vehicle Credit includes income restrictions, and eligibility can depend on specific vehicle models and battery production criteria.

The Commercial Clean Vehicle Credit, aimed at businesses, does not have income limits and focuses on the vehicle's commercial use and the manufacturer's eligibility, without the same model and battery production restrictions.

To clarify, the question at hand is whether a single-member LLC, treated as a disregarded entity, can take advantage of the Commercial Clean Vehicle Credit. The owner of the LLC can not take advantage of the New Clean Vehicle Credit due to income restrictions.

Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with...

RobertB4444 — Mon, 29 Jan 2024 20:42:25 GMT

Absolutely. Provided the business purchased the car and the form issued to the taxpayer with the vehicle purchase was issued to the business.

@Voltcredit

Re: Commercial clean vehicle credit - 7.5K for Businesses - possible if registered and title with...

RR_Reddy — Fri, 03 Oct 2025 16:11:47 GMT

Hi
I am running into the same issue - do we know if the sole proprietor is eligible for this credit? Intuit is not working for us, it’s not generating form 3800
Warmest regards,
Rama