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  1. P

    Tax credit 2024 [The tax credit discussion thread]

    Thank you! My next option is to buy under my son's name where I have the opposite problem. He is 20 yrs old. Last year (for 2022), he filed single, his AGI was <13K and zero tax liability. For 2023 and 2024, his AGI might be around $25K and his total tax liability will certainly be <$7500. So if...
  2. P

    Tax credit 2024 [The tax credit discussion thread]

    I am considering buying the Model Y RWD before Feb 28th. However, I am not sure if I qualify for the $7500 federal tax credit, even though I might get it now at POS but worried if I will have it pay it back later. Here is my situation. My 2022 AGI is <300K. I haven't done my 2023 taxes yet, but...