sarvayogi Posted September 1, 2023 Report Posted September 1, 2023 can any one explain the 300k income limit for federal credit of 7500 me and spouse gross income (base + bonus) and not including rental income will be more than 350k atleast this year.. so are we eligible for the tax credit? Quote
hunkyfunky2 Posted September 1, 2023 Author Report Posted September 1, 2023 1 hour ago, sarvayogi said: can any one explain the 300k income limit for federal credit of 7500 me and spouse gross income (base + bonus) and not including rental income will be more than 350k atleast this year.. so are we eligible for the tax credit? AGI : Google it and see how it's calculated... You are borderline, so better to calculate accurately Quote
hunkyfunky2 Posted September 1, 2023 Author Report Posted September 1, 2023 4 hours ago, Variety_Pullayya said: intaki headlines ekkadoo chadivava or nee sontham da? He he... Some one else stole my thoughts Quote
perugu_vada Posted September 1, 2023 Report Posted September 1, 2023 oka banda battery ni theskuni garage lo pettukunnatlu . mandha mandha kontunnaru Tesla cars ni .. Quote
pakeer_saab Posted September 1, 2023 Report Posted September 1, 2023 16 hours ago, Android_Halwa said: Any deals on Model Y ? used MY's will be for 30K in 6 months Quote
pandugadu999 Posted September 1, 2023 Report Posted September 1, 2023 2 hours ago, sarvayogi said: can any one explain the 300k income limit for federal credit of 7500 me and spouse gross income (base + bonus) and not including rental income will be more than 350k atleast this year.. so are we eligible for the tax credit? arey howle 300k ani clear ga unte malla 350k ki eligible aa ani adugthaventra gutle… 1 Quote
sarvayogi Posted September 1, 2023 Report Posted September 1, 2023 23 minutes ago, pandugadu999 said: arey howle 300k ani clear ga unte malla 350k ki eligible aa ani adugthaventra gutle… are piccha L naa kodaka...gross income net income untai..telusa manaki...daanikosam asked..maaku telvada 350 ki 300 di diff Quote
pandugadu999 Posted September 1, 2023 Report Posted September 1, 2023 2 minutes ago, sarvayogi said: are piccha L naa kodaka...gross income net income untai..telusa manaki...daanikosam asked..maaku telvada 350 ki 300 di diff arey aapu ra nayana..neekevadra 350k ichedi suvvar badkav…gross ki net ki theda telvadh Quote
csrcsr Posted September 1, 2023 Report Posted September 1, 2023 @pandugadu999 @hunkyfunky2 will deferred compensation work??? To ovetax filing?, it based on last year's taxfiling? Quote
hunkyfunky2 Posted September 2, 2023 Author Report Posted September 2, 2023 57 minutes ago, csrcsr said: @pandugadu999 @hunkyfunky2 will deferred compensation work??? To ovetax filing?, it based on last year's taxfiling? Yes. You can choose either of the last 2 years filings - so either 2022 or 2023 ... AGI is after deductions... Usually less than your paycheck, in simple terms. Just check your last year return or estimate the current year ... 1 Quote
Dhed Posted September 2, 2023 Report Posted September 2, 2023 2 hours ago, sarvayogi said: are piccha L naa kodaka...gross income net income untai..telusa manaki...daanikosam asked..maaku telvada 350 ki 300 di diff 5 hours ago, sarvayogi said: can any one explain the 300k income limit for federal credit of 7500 me and spouse gross income (base + bonus) and not including rental income will be more than 350k atleast this year.. so are we eligible for the tax credit? If you maximize your 401k both for you and your wife , you will come slightly below 300 again calculate using turbo tax we don’t qualify, I thought about using family membeR but it is complicated so just bought the car with out thinking anything Quote
hunkyfunky2 Posted September 2, 2023 Author Report Posted September 2, 2023 3 hours ago, pakeer_saab said: used MY's will be for 30K in 6 months Yes Model 3 highland upgrade has to come to model Y very very soon. Quote
sarvayogi Posted September 3, 2023 Report Posted September 3, 2023 On 9/1/2023 at 9:16 PM, Dhed said: If you maximize your 401k both for you and your wife , you will come slightly below 300 again calculate using turbo tax we don’t qualify, I thought about using family membeR but it is complicated so just bought the car with out thinking anything 401k max out we do both...45000..still income is above 300k Quote
Popkatapetapotapulti Posted September 3, 2023 Report Posted September 3, 2023 On 9/1/2023 at 3:24 PM, hunkyfunky2 said: AGI : Google it and see how it's calculated... You are borderline, so better to calculate accurately 300k - base+bonus+year stocks motham kalipa? Quote
hunkyfunky2 Posted September 3, 2023 Author Report Posted September 3, 2023 1 hour ago, Popkatapetapotapulti said: 300k - base+bonus+year stocks motham kalipa? https://blog.taxact.com/adjusted-gross-income-calculator/ Quote
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