Friday, March 5, 2021

Fed Tax Credit vs other tax credits

Please forgive me if this has been discussed in depth already. My family is going to be growing from 2 kids to 3 this year. I've already become quite fond of the child tax credit, and I understand that it is potentially going to rise dramatically this year due to covid. That said, I am concerned that if I purchase a new hybrid pacifica this year I will have almost no tax burden to apply the ev credit to. This is because the last couple years with 2 kids I have had a tax burden of under... Fed Tax Credit vs other tax credits
Please forgive me if this has been discussed in depth already.

My family is going to be growing from 2 kids to 3 this year. I've already become quite fond of the child tax credit, and I understand that it is potentially going to rise dramatically this year due to covid. That said, I am concerned that if I purchase a new hybrid pacifica this year I will have almost no tax burden to apply the ev credit to. This is because the last couple years with 2 kids I have had a tax burden of under...

Fed Tax Credit vs other tax credits
Fri, 05 Mar 2021 19:15:47 +0000
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