Commercial clean vehicle credit

[ramdur]

Hi
I own a business (sole proprietorship LLC) and bought a Rivian R1S for qualified business use. When filing taxes, my accountant did not know how to file a commercial clean vehicle Credit (45w) and the software also did not allow it.

Did anyone successfully apply this credit to your taxes? Did you use an accountant or could recommend someone with this expertise?
Thanks!

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[abhisre]

I think you follow the steps listed here. As I understand it, it seems pretty straightforward for an LLC, but not sure if that’s just me misunderstanding or not.

https://www.irs.gov/credits-deducti...hicle-credit#:~:text=How to claim,to be filed.

 

[ramdur]

Yes, I could do it on Turbo tax but will prefer a CPA to help. Some people I spoke to suggest LLCs are not eligible. Not sure if that is their ignorance or my lack of awareness.

 

[iansriv]

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