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| Prius Tax Credit Discussion This is a discussion on Can two people claim a credit on the same vehicle? within the Prius Tax Credit Discussion forums, part of the Prius Main Forum category; So here's an odd credit question that I haven't been able to figure out an answer to yet. Here's the ... |
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| Junior Member Join Date: May 2006
Posts: 7
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | So here's an odd credit question that I haven't been able to figure out an answer to yet. Here's the situation: My girlfriend and I bought a 2006 Prius in May 2006. We are both on the title and both use the vehicle equally and we'd decided that I'd claim the credit on my return. I've done my taxes and am eligible for the full credit. However, my girlfriend just started her taxes this weekend and she asked if she could claim the credit as well. To me, it seemed obvious that the answer would be "no, you can only claim one credit per vehicle" but *nowhere* have I actually been able to find that statement on any IRS form. Has anyone seen anything relating to this type of situation? To me it seems like there should only be one credit per vehicle but I haven't actually seen that in writing anywhere. Thank. |
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| Certified Prius Advisor Join Date: Nov 2006 Location: South Jersey
Posts: 2,055
My Car: 2006 Prius Package: #3 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | <div class='quotetop'>QUOTE(agenor @ Apr 8 2007, 05:17 PM) [snapback]419956[/snapback]</div> Quote:
If you and your girlfriend had one child would both of you try claiming it? One car. One credit. The IRS does not receive any independant confirmation. If both of you claim the credit and they pick it up in an audit I'd be interested in knowing the outcome of the "I didn't know that the other one claimed it" defense. I suspect it might be enough so they don't charge one of you with tax fraud.
__________________ 2006 Magnetic Gray "Spirit Queen" TP 45, Blocked grill, Toyota rear bumper applique, VentureShield panels: Hood, bumper & headlights 2000 Intrigue "Lil Deuce Coupe" 1999 EV-1 Range 220 miles 2000 Precept diesel-electric hybrid 80mpg The reason I own a Prius. Thank you, GM. | |
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| Senior Member Join Date: Mar 2007 Location: Sacramento, CA
Posts: 164
My Car: 2007 Prius Package: #6 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | <div class='quotetop'>QUOTE(agenor @ Apr 8 2007, 03:17 PM) [snapback]419956[/snapback]</div> Quote:
*Walking away slowly* PS --- One car, one credit. | |
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