My spouse and I both purchased Used EVs with the tax credit in 2025 and transferred the credits to the dealership at time of sale. Each car was registered in our individual names and SSNs. We are Married Filing Jointly. VINs match the Form 15400 report submitted by dealer and copied to us. When we try to file with…
In 2024, I transferred a $7500 EV Credit to a Tesla Dealer. Now I want to effectively 'use' that credit to effect a tax free withdrawal from an IRA. I am 70, so not subject yet to RMD. My income, Married-Filing Jointly, is less than half of $300,000. The Tesla car is eligible for the full $7500 Federal Clean Vehicle Tax…
Are there any other deductions I can claim if I purchased a used electric vehicle in 2024 and didn't receive any EV credits - California or Federal?
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