It's Tee-AX Time!

[Kevin 1G Drummer]

I got a little over 1200 back, probably gonna use some of it to fix up this beater I just got.

[Halon]

I'm done with W2s, haven't gotten to state stuff or car sale/purchase yet, but I calculated my federal return to be $1006.

I'm not a tax expert. But what can you claim from buying a vehicle? I bought the Envoy and the SC300 in 2010, but never found anywhere that I could claim anything. Only thing car related I was able to claim was $55 for license tabs on my Envoy.

[cmspaz]

Pretty sure a sale counts as income, and that the purchase isn't a normal sales tax. I'm fairly certain there's something somewhere. But I'll report back for sure.

[Halon]

Pretty sure a sale counts as income, and that the purchase isn't a normal sales tax. I'm fairly certain there's something somewhere. But I'll report back for sure.

Yeah definately report back! I usually just go through the questionaire and never see much about car related stuff. I sold 2 cars this year (saab and talon) but also bought 2 cars (Envoy and SC300). So if I should have been claiming something, I better go back. It'd probably work in my favor though because the total of the cars I sold was probably around 9k, and the total of the ones I bought was around 14k.

[mlomker]

My refund is enough to pay off the AmEx. That's around half of what I blew on the car last year. I wasn't expecting quite so much, so I'm very happy about it.

[polishmafia]

Pretty sure a sale counts as income, and that the purchase isn't a normal sales tax. I'm fairly certain there's something somewhere. But I'll report back for sure.

*sigh*

The only way you can count a car as income is if the sale of the vehicle was used for business purposes.

If it was for personal use, then all you can claim are the tabs - which Brandon did.

[s1ngletracker]

hoping to get a lot back, i'm poor and a student. We will see. Return will be used for the purposes of eating and having a roof over my head.

[Kracka]

I'm curious to find out how much we get back this year since it was our first full year of home ownership. No big plans for it though, probably save most of it, but we do plan to get a new fence this spring.

[Febo]

I'm barely getting anything back but what I am is going towards a milsim paintball set up.

[C3L1CA]

It looks like I'll probalby get around $1,500 or so back. Will probably put it towards the car payment or maybe a set of cams ;)