Anyone bought "two" cars in 06 and gotten full credit?

windstrings · 04-17-2007, 01:46 AM

I bought Two prius's in early 06 and when I put the first one in.. it gave me 3150.00 credit, then when I put the second one in "taxcut" it also said the credit would be 3150, but when it added it to the prior total refund, it only raised it around another 300.00?

Anybody have simliar experience?

windstrings · 04-17-2007, 10:34 AM

Bummer... I think I may be limited to 3400.00 total credit?

http://taxes.about.com/od/deductionscredit...idtaxcredit.htm

DaveinOlyWA · 04-17-2007, 11:59 AM

strong incentive to look at filing two single returns i think especially if both you two have income

windstrings · 04-17-2007, 08:50 PM

<div class='quotetop'>QUOTE(DaveinOlyWA @ Apr 17 2007, 10:59 AM) [snapback]424656[/snapback]</div>

Quote:

strong incentive to look at filing two single returns i think especially if both you two have income [/b]

Supposedly.. thats a no no since Texas is a community state and there is no legal separation etc.

McShemp · 04-17-2007, 10:10 PM

<div class='quotetop'>QUOTE(windstrings @ Apr 17 2007, 12:46 AM) [snapback]424479[/snapback]</div>

Quote:

I bought Two prius's in early 06 and when I put the first one in.. it gave me 3150.00 credit, then when I put the second one in "taxcut" it also said the credit would be 3150, but when it added it to the prior total refund, it only raised it around another 300.00?

Anybody have simliar experience?
[/b]

Yes and Yes. We were bit by the AMT and got 1.5 tax credits.

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04-17-2007, 01:46 AM	#1
windstrings Senior Member Join Date: Sep 2005 Location: Central Texas Posts: 3,952 My Car: 2006 Prius Package: #8 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	I bought Two prius's in early 06 and when I put the first one in.. it gave me 3150.00 credit, then when I put the second one in "taxcut" it also said the credit would be 3150, but when it added it to the prior total refund, it only raised it around another 300.00? Anybody have simliar experience?

04-17-2007, 10:34 AM	#2
windstrings Senior Member Join Date: Sep 2005 Location: Central Texas Posts: 3,952 My Car: 2006 Prius Package: #8 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Bummer... I think I may be limited to 3400.00 total credit? http://taxes.about.com/od/deductionscredit...idtaxcredit.htm

04-17-2007, 11:59 AM	#3
DaveinOlyWA Opps !! I Did it Again!! Join Date: Apr 2004 Location: South Puget Sound, WA Posts: 9,671 My Car: 2006 Prius Package: #4 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 5	strong incentive to look at filing two single returns i think especially if both you two have income