Maximize Vehicle Rebate
Hello. Later this year I’m going to be purchasing a hybrid vehicle. U.S. tax law offers a rebate of up to $7,500 bucks. Typically, I don’t owe much in taxes, which means I might get none of that rebate. I’m looking for ways to maximize that rebate. My first thought is capital gains tax? I could unload some stock and pay cash for the vehicle. I don’t know much else about taxes—H&R Block does the thinking for me, usually. Any thoughts?
Posted Jul 2, 2021, 3:56 AM UTC
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