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 Certified Prius Breeder Join Date: Sep 2005 Location: Central Texas Posts: 5,299 My Car: 2010 Prius Model: IV Package: Solar Roof Thanks: 2 Thanked 80 Times in 67 Posts Friends: 4	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 Certified Prius Breeder Join Date: Sep 2005 Location: Central Texas Posts: 5,299 My Car: 2010 Prius Model: IV Package: Solar Roof Thanks: 2 Thanked 80 Times in 67 Posts Friends: 4	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 3rd Time was Solariffic!! Join Date: Apr 2004 Location: South Puget Sound, WA Posts: 12,378 My Car: 2010 Prius Model: IV Package: Solar Roof Thanks: 24 Thanked 121 Times in 103 Posts Friends: 10	strong incentive to look at filing two single returns i think especially if both you two have income