janlee
Posts: 3
Joined: Thu Aug 27, 2015 3:46 pm
Delivery Date: 27 Aug 2015

Re: Electric drive vehicle credit 8936 decreased/rejected by IRS

Fri Aug 28, 2015 2:17 am

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

epirali
Posts: 581
Joined: Wed Oct 09, 2013 10:15 am
Delivery Date: 08 Oct 2013
Leaf Number: 418541
Location: Maryland

Re: Electric drive vehicle credit 8936 decreased/rejected by IRS

Fri Aug 28, 2015 2:19 am

janlee wrote: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
Posts: 3
Joined: Thu Aug 27, 2015 3:46 pm
Delivery Date: 27 Aug 2015

Re: Electric drive vehicle credit 8936 decreased/rejected by IRS

Fri Aug 28, 2015 11:23 am

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.

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