I bought a EV in 2018. I have yet to do my taxes. Would I be able to sell the car to upgrade to another EV (before filing my 2018 taxes) and still claim my tax credit ?

[VCA1226]

If I do sell my EV that I bought in 2018 (Current EV has 21k miles driven already), after claiming the tax credit. Am I suppose to give it back?

[xmasbaby0]

It is now 2019.  Purchasing a car in 2019 has no bearing on the 2018 tax return you are preparing.

[VCA1226]

What about me selling my 2018 EV this weekend, am I able to claim the tax credit without issue of my 2018 purchased EV? I plan to do my taxes early next week.

[xmasbaby0]

When you do your 2018 tax return has nothing to do with what you do in 2019.  2018 is over.  The car you purchased in 2018 and anything that happened in 2018 related to that car gets entered on your 2018 tax return.  Whatever you do with your car in 2019 is a matter for the return you will file for 2019--next year in 2020.

[VCA1226]

Hi, I meant am I able to still claim the tax credit for my 2018 car, even if I decide to sell it prior to filing my taxes and if I do get the credit, do I have to give it back after selling the EV?

[xmasbaby0]

You bought the car in 2018.  You are getting the credit on a 2018 tax return.  What you choose to do in 2019 does not affect your 2018 tax return.   You are confusing the fact that 2018 is OVER with the fact that you have not yet filed your 2018 tax return.

[VCA1226]

Ah ok got it. So if I do sell the car, I wouldn't have to worry about giving back the credit I received right?