In 2024, I transferred a $7500 EV Credit to a Tesla Dealer. Now I want to effectively 'use' that credit to effect a tax free withdrawal from an IRA. I am 70, so not subject yet to RMD. My income, Married-Filing Jointly, is less than half of $300,000. The Tesla car is eligible for the full $7500 Federal Clean Vehicle Tax…
How do I deduct the health care & dental premiums that I pay in retirement utilizing the HELPS retiree Improvement Act. I retired as federal LEO in August. Thank you
I am working with a company registered in South Africa doing consulting work with their clients. I don't know how to manage my tax situation. Could you share any insights on how to manage this?
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