MSFT performance increased Income, disqualifying me from Tesla rebate!

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dhal krogo

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dhal krogo
Jun 27, 2019 32 Comments

So I happily bought a Tesla. My Base comp is 200k and wife's not earning. (Sad face). Household income is less than max limit for qualifying for rebate.

But last years 25% grant of my total RSU came on the W2 (as expected) and so my total gross Income, thanks to MSFT performance, was more than the cap of 300k. (adding line 1-5 of 1040)

I know this is temporary since it is the 4th yr of my initial grant. Can I still get the 2500 rebate from California because this hike is only temporary and my usual income is well within the cap?

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