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You got that SALT deduction back too. $40k deduction. That's roughly $13k back in your pocket if you can deduct the entire amount. So, you lost a $7500 one time credit, but that's roughly $1100 a month back in your pocket.
In fact, with all that yuugeee tax windfall, it should cover your current Model 3 payment AND a new Model Y payment if you trade your current Y in now, especially if you qualify for the credit.
You got that SALT deduction back too. $40k deduction. That's roughly $13k back in your pocket if you can deduct the entire amount. So, you lost a $7500 one time credit, but that's roughly $1100 a month back in your pocket.
In fact, with all that yuugeee tax windfall, it should cover your current Model 3 payment AND a new Model Y payment if you trade your current Y in now, especially if you qualify for the credit.
Better hurry.
Nope, I'm good Model Y is paid off, I'm not looking to add any new car payments. My wife drives the Y and is happy with it
You got that SALT deduction back too. $40k deduction. That's roughly $13k back in your pocket if you can deduct the entire amount. So, you lost a $7500 one time credit, but that's roughly $1100 a month back in your pocket.
What is your payment on the 3?
SALT cap didn’t exist until the 2017 jobs act and even the higher cap expires in 2030