All things STOCKS

#8,627
#8,627
Carp said:
They're getting more affordable. You can get a base model Tesla now for roughly 36k, which is about the same price as most luxury sedans. And Biden will likely reinstate the federal EV tax break of $7,000, which could reduce the cost of a base model Tesla to under 30k.

And as more EV cars come to market, Tesla will be forced to adjust as well. Not many people are gonna pay 100k for a Tesla when they get similar features on a VW for half the price.
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If it's like most of the "green incentives", the price of the "$36K" Tesla will likely increase to "$43K" if the EV credit is reinstated....
 
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#8,629
#8,629
My next car will probably be an EV, the three considerations for me are range, insurance (quotes have been quite high) and self driving features. I'm a boomer and I like the idea of self driving cars as I get older it gives me mobility should my health restrict my driving ability.

It is a little strange trusting a cars ability to drive itself. My current car has a "self parking" feature where you engage the self parking and it just parks the car for you. I don't use it often, but it works just fine. Still taking your hands off the wheel and letting the car park in a space on it's own takes a bit of trust.
 
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#8,630
#8,630
I don’t know why this just hit me, but can you imagine the “stunt” videos that will exist when self driving becomes a thing? Holy hell I can’t wait for those…
 
#8,638
#8,638
VolAllen said:
You either need to have some kids or get a better tax guy 😂
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Gonna be a weird year for taxes for me. Decent amount of capital gains and this is the first year wife is filing as 1099 employee. Is a CPA worth it, or will H&R/TurboTax suffice?

Others feel free to chime in
 
#8,639
#8,639
Tri-CitiesVol said:
Gonna be a weird year for taxes for me. Decent amount of capital gains and this is the first year wife is filing as 1099 employee. Is a CPA worth it, or will H&R/TurboTax suffice?

Others feel free to chime in
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Unless you are really proficient at taxes, I suggest a CPA if you have significant 1099/Schedule C income...
 
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#8,641
#8,641
Tri-CitiesVol said:
Gonna be a weird year for taxes for me. Decent amount of capital gains and this is the first year wife is filing as 1099 employee. Is a CPA worth it, or will H&R/TurboTax suffice?

Others feel free to chime in
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I'm not sure which brokerage you use but most of them upload pretty well into TurboTax. My Etrade and T Rowe Price 1099s were uploaded into TurboTax and the process was simple.

If you have IRAs or if you did any kind of conversion, rollover, or a backdoor Roth, make sure you are comfortable with the taxation on them. TurboTax isnt great with those scenarios.
 
#8,642
#8,642
Tri-CitiesVol said:
Gonna be a weird year for taxes for me. Decent amount of capital gains and this is the first year wife is filing as 1099 employee. Is a CPA worth it, or will H&R/TurboTax suffice?

Others feel free to chime in
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Sorry to be a technical bastard, but "technically" there is no such thing as a "1099 employee".
 
#8,650
#8,650
BigOrangeMojo said:
I'm not sure which brokerage you use but most of them upload pretty well into TurboTax. My Etrade and T Rowe Price 1099s were uploaded into TurboTax and the process was simple.

If you have IRAs or if you did any kind of conversion, rollover, or a backdoor Roth, make sure you are comfortable with the taxation on them. TurboTax isnt great with those scenarios.
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My account at Vanguard downloaded just fine. I decided to print my return "with workpapers". Damn, well over 100 pages. It had 3 pages for every stock trade.
 
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