Agreed. If I’m not mistaken, I believe we calculated have to make around $65k a year as a single person or $90k married to take the full standard deduction and have a tax liability of $7500. I would think that the majority of people shopping for a car at this price point would be at this threshold.You need to take into account any deductions that you will be taking. If you take the standard deductions for 2020
Your tax liability has to be at least $7500 more than that after All deductions.
Married filing jointly $24,800 Head of household $18,650 Single/married filing separately $12,400