Usaking75
New Member

Deductions & credits

I received a voucher in one of  California's air quality program for $9500 to purchase EV or Plug in hybrid . I will get a tax form at the end of the year .. as far as I understand , if I used this voucher it will be counted as income in 2020. 

 

Want to know based on that , how much my family need to make in 2020 to qualify for whole $7500 tax credit ( thinking of new rav4 prime ) .. MFJ with 2 kids under 17.

 

Thank you