Skip to main content
November 22, 2024
Question

Schedule C Business and Electric Vehicle Tax Credit

  • November 22, 2024
  • 0 replies
  • 0 views

Good afternoon

My wife and I file our taxes jointly.  I am looking at buying an new  EV next year thru Uber.  I treat the ride share business as a Schedule C Business.  Due to the mileage, the business operates at a loss. My wife has a job in Corporate America.  Do I still get the tax credit of $7500?