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Texas>>Tax credits to claim

Discussion in 'Texas' started by h30338, Dec 18, 2013.

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  1. h30338

    h30338 Member

    Joined:
    Dec 17, 2013
    Messages:
    6
    Location:
    texas
    Just wanted to check this out with people on the forum who live in Texas and bought their Model S this year.


    tax credits for 2013 tax returns:

    (1) Federal EV credit <$7,500>
    (2) EV infrastructure tax credit <30% credit on costs with a max credit of $1,000>
     
  2. Rockster

    Rockster Active Member

    Joined:
    Oct 22, 2013
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    1,180
    Location:
    McKinney, TX
  3. montgom626

    montgom626 Active Member

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    Dec 15, 2012
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    1,339
    Location:
    USA
    I am skecptical that you can deduct your sales tax on your federal return. I hope I am wrong.
     
  4. TexasEV

    TexasEV Well-Known Member

    Joined:
    Jun 5, 2013
    Messages:
    5,276
    Location:
    Austin, TX
    Yes, you can deduct either state income tax or state sales tax on your federal return. Texas does not have state income tax so we deduct sales taxes.
    Sales Tax Deduction Calculator
     

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