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Old 02-25-2020, 01:46 PM   #44 (permalink)
hayden55
Master EcoModder
 
Join Date: Dec 2010
Location: USA
Posts: 1,171

Sport Utility Prius - '10 Toyota Prius II
90 day: 52.98 mpg (US)

300k Sequoia 4WD - '01 Toyota Sequoia Limited 4wd
90 day: 20.19 mpg (US)
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Quote:
Originally Posted by redpoint5 View Post
There's a couple tricks there, but it still requires having money in the first place. You can convert an IRA into a Roth by paying taxes on the money the year you convert it. This bumps up your tax liability that year, which you can cover with the EV credit. You effectively get your retirement taxes paid for by the credit.
my man. Gonna have to keep this one in the bag over the years.
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Last edited by hayden55; 02-25-2020 at 01:56 PM..
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