Recent content by 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.

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

I purchased a nissan leaf under my name and I owned an S corp. I was wondering since I use the vehicle 50% of the time for my business can I take the federal electric vehicle credit 50% on my business tax return and 50% on my personal or do I have to take it off from my personal tax return...