No, the new clean vehicle credit cannot be split between multiple owners. In instances where multiple taxpayers may purchase, place in service, and be titled as owners of a single vehicle, such as a married couple filing separate tax returns, only one taxpayer can claim the new clean vehicle credit per vehicle placed in service. The credit may not be allocated or prorated between multiple taxpayers. For married taxpayers filing jointly, either spouse may be identified as the owner claiming the new clean vehicle credit. The name and taxpayer identification number of the owner claiming the credit should be listed on the seller's report. Multiple owners should inform the seller which owner will claim the credit so that the seller can identify that taxpayer on the seller's report. The credit is allowed only on the tax return of the owner listed in the seller's report.
Sources:
§ 30D. Clean vehicle credit
Instructions for Form 8936 (2023)
FS-2023-22
FS-2023-29
FS-2023-8
FS-2024-14
