coltsqb
New Member

Hi! Should my wife and I stop paying federal taxes for the next 6 months in order to get the full $7,500 Tesla tax credit? Is it that simple of a task or is there more?

We both have done the calculations, and if we both stop paying federal taxes at our jobs for the next 6 months, we should owe ~$8,000 in federal taxes. Theoretically, this would mean we'd qualify for the full $7,500 Tesla tax credit if we do end up buying one right now, correct?

Also, do we need to file jointly or separated? Does it make a difference?