can you cliam the taxes for a new car on your tax return?
442323
You have the option of claiming either your total sales taxes that you paid or your state and local income taxes that you paid. If your total sales taxes are greater than your total state and locat income taxes, claim them including the sales tax on your car.
507016
if you are a reseller then  YES you will have to charge michigan sales tax @ 6%\nExempt due to Resale  If the products and materials produced are to be resold to an end user and that end user pays the sales tax, the reseller does not. This is simple for a business which acts as a "middleman".In the State of Michigan Sales Tax is 6% on material goods.As a reseller of goods and services we are required to collect sales taxes for the State of Michigan.\nbut if you are in auto manufacturer:\nExempt due to Industrial Process  Many manufactures take a broad view of this exemption. The auto manufacturers for instance may claim that every aspect of their business results in a car in the showroom and the buyer of that car pays the sales tax. This is definitely a red flag to auditors and we take the policy that only items directly contributing to the end product, for the most part elements of the end product qualify for this. We absolutely require a signed W9 on file if you choose this exemption and we will not be held responsible for clients qualifications for taking it.\nFor more details visit the site below and consult your CA or auditor.\nHope that helps..
580557
NONE , THE MOMENT YOU DRIVE OFF THE LOT THE CAR BEGINS TO LOOSE VALUE\n\nTHE DEALER OR SELLER WONT TAKE IT BACK \nAND WHATEVER CONTRACT YOU SIGNED IS LEGALLY BINDING\n\nYOU WILL HAVE TO SELL IT YOURSELF BUT YOU WILL GET A LOT LESS THAN YOU PAID FOR IT(EVEN IF YOU ONLY DROVE IT ONE MILE)\n\n\nGOOD LUCK \n\n\n\n\nTHINK BEFORE YOU ACT
1064011
1. report them to the inland revenue (HMR&C)\n2. when doing your tax return, you dont actually need to send them in with your tax return, so enter the figures, claim tax as being paid, and await your refund, yey
28174
no, not usually.  you may need the hard copy of last years return.  however, if you did your return online then you should be able to access your return. then yes.\n\notherwise no.  if you do not have the hard copy of your taxes, contact the irs and let them know you need a copy.  they will mail it to you once you prove who you are.  do this asap as it usually takes 4-6 weeks to receive the information.
474222
File your 2005 return on time if possible.\n\nFile all of the returns in separate envelopes.\n\nIt doesn't matter if you mail them all at the same time or staggered.  By separating them into individual envelopes, they will be handled separately.\n\nYou might even indicate on the outside of the envelope which tax year is contained inside.
65074
this is a new ?? to me.  go visit the irs website and see if they can help.\ngood luck
206419
you can deduct it on your tax return\n\ngo to www.irs.gov for tax laws and information.
78152
yes, they will take your income tax. You still owe that money, because in a loan you sign a contract and you are responsible to pay it.
358266
If it's your main residence and you live in the UK no. If it's not your main residence you pay capital gains tax. You have an allowance for capital gains for the year 2006 to 2007 of £8,800 so you pay tax on a gain over that. you should also adjust for the effects of inflation - check the finance pages on TV teletext - there used to be a chart for that on there - not sure if there still is. Outside the UK the tax rules are probably similar - ask your local IRS office. Incidentally, capital gains applies to the sale of a copyright so if you write a magazine feature in the UK and get paid up to £8,800 in this financial year - you won't pay tax on it. Assuming you haven't used your allowance for something else. Capital gains tax does not apply to cars, household furniture, etc. Basically, stuff that goes down in value normally. So you can't offset the loss on a car against a gain. But a gain on a car is tax free (as long as you don't sell them as a business).\n\nThat is one hell of a top answer! 10 points!
1126005
You get a tax credit when you file your federal taxes.  The dollar amount will vary depending on the type of hybrid car you have.  See the link below to find your particular model, as well as more details about the program.
160655
No.  This is a no-brainer.  But don't take my word for it - call the IRS directly, they will actually tell you what the law allows.
380802
You have to report the income you earn. In  the US you will need to file a Schedule C with your return - this is a form about profit and loss. Remeber that you can deduct mileage and expenses that are not reimbursed.\n\nI've been mystery shopping for 6 years.
773834
What would you gain by selling it just to lose money and end up with a higher interest rate and no vehicle? Keep it and get a second job closer to home, or at least midway to the first one.  That way you can deduct on your income taxes the commuting expense from the first job to the second.  leastaways, you used to be able to do that... better check; the tax Nazis change these rules all the time.
127560
In California and I am sure most states are same.\nBuyer pays taxes when they register the car.
8771
Driver's and vehicle licensing, taxes - notify the IRS of your new address when you file, and your new residence may have income or sales tax (especially important if purchasing a vehicle) to be aware of.\n\nLocal slang or euphemisms should be noted - you wouldn't want to eat any rocky mountain oysters if you didn't know what they were (just one example). Look up CitySearch and Google / Yahoo Local listings for businesses you will need to use - it's better than throwing a dart at the phone book, since many times there are reviews and ratings of the different businesses.
1013417
This is easy! Take the car back and tell them you expect a full refund. If the bank is changing the terms of the contract it is void. Meaning you never bought the car and all your money should refunded without question. Find a better dealership to deal with on your next vehicle. \n\nIn most cases if the dealership wants you to come back to do some bargining that means they had an error in their math and they short changed themselves. They want their money. This happen to my brother in law on and Audi TT. They screwed the numbers up and shorted themselves about $4000. He saw the error signed the papers and drove off. only to get a call 3 hours telling him he owed $4,000. He said sue me and hung up. They called him everyday politely asking if he would do the right thing and pay them the money and he refused. He told them all the years of getting screwed over by car dealers, it was nice to share in their joy of screwing people. I don't blame him.