Electric drive vehicle credit 8936 decreased/rejected by IRS

[janlee]

Yes that is the problem I am not the sole owner, i only own 1% of the s corp

[epirali]

Yes that is the problem I am not the sole owner, i only own 1% of the s corp

Then how would that help if you took 50% under the business (which I don't know if you can)? Only 1% of the 50% would flow to you?

Or do you mean can the company buy the car and take the credit?

[janlee]

I mean I purchased the vehicle but I want the company to take 50% of the credit since i use the car 50% of the time.