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Get your taxes done using TurboTax
You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. If your modified AGI is below the threshold in 1 of the two years, you can claim the credit. One idea is to switch your healthcare plan to high deductible for 2024 and contribute the max ($4150 for 2024) That will get you down a bit. If you have business assets or rental property you can depreciate those assets. Regardless, I hope you get your EV and stick it to the oil companies!
‎February 19, 2024
9:44 PM