Looking to buy

Matt · 11-24-2009, 06:26 AM

Quote:

Originally Posted by perfectnobody

really?! that's awesome, where can i read this? so how does that work, i still have to pay it though, but i'll get it back when i do my taxes?! Great! thanks for the info, definitely makes my purchase much more easier as i have been accounting for $3,000 dollars as sales tax (i think, my numbers might be off) which i might get back (assuming your info is correct... i believe you...lol) next year...

will post my visit later, firefox was not able to open that link though, you might want to fix it.

Let's say you make $100,000 this year. If you pay $5,000 in taxes on the Z, then you'll pay taxes on $95,000 of your income in 2010. It's a write-off or "deduction" not a true credit.

New Car Tax Rebate- Obama Economic Stimulus Plan: Cash Back on 2009 Vehicle Purchase, Not Tax Credit on Federal Return | Suite101.com