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New Member
posted Sep 8, 2022 3:09:18 PM

Is there a tax credit for not having a vehicle?

I heard that you can get a tax credit for not owning a vehicle. For the state of California

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3 Replies
Level 15
Sep 8, 2022 3:20:47 PM

Not for tax year 2021 or tax year 2022.

 

If signed by Gov. Gavin Newsom as expected, SB 457 would create a credit that takes effect with the 2023 tax year, allowing each household member who does not have a registered vehicle to receive a $1,000 tax credit. To qualify, single filers must earn less than $40,000 per year.

Level 15
Sep 8, 2022 3:26:44 PM
Level 15
Sep 8, 2022 4:20:31 PM

Along the same line, I wonder if they would ever consider crediting school taxes for anyone who does not currently have kids in school.    I suspect a lot of folks would support that.