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  1. Kiloran
    Post

    $3100 Prius tax credit question.

    Do NOT believe this tactic will fool the IRS. You should expect an audit if you do this.
    Post by: Kiloran, Dec 11, 2005 in forum: Prius Tax Credit Discussion
  2. Kiloran
    Post

    $3100 Prius tax credit question.

    I believe the short answer is "no". :( Check with a tax expert to be sure.
    Post by: Kiloran, Dec 11, 2005 in forum: Prius Tax Credit Discussion
  3. Kiloran
    Post

    $3100 Prius tax credit question.

    Yeah I know people like that. Kinda dumb really.
    Post by: Kiloran, Dec 11, 2005 in forum: Prius Tax Credit Discussion
  4. Kiloran
    Post

    Will a Prius float in water?

    Uh...what are you planning? :P
    Post by: Kiloran, Dec 11, 2005 in forum: Gen 2 Prius Main Forum
  5. Kiloran
    Post

    $3100 Prius tax credit question.

    Thanks for the link mdmikemd! I have added it to the Government_Incentives section of the Toyota_Prius_FAQ. B)
    Post by: Kiloran, Dec 11, 2005 in forum: Prius Tax Credit Discussion
  6. Kiloran
    Post

    $3100 Prius tax credit question.

    It IS a credit in as much as this is the way the government typically manages credits. A credit comes off your tax liability dollar for dollar...
    Post by: Kiloran, Dec 11, 2005 in forum: Prius Tax Credit Discussion
  7. Kiloran
    Post

    $3100 Prius tax credit question.

    I think you are confused. A refund is the difference between your tax burden and taxes collected. Taxes collected has nothing to do with the...
    Post by: Kiloran, Dec 11, 2005 in forum: Prius Tax Credit Discussion
  8. Kiloran
    Post

    $3100 Prius tax credit question.

    DHonzik is quite right. I'm sorry but, if you owe less than the credit, you will only get that portion of the credit which brings your tax to $0....
    Post by: Kiloran, Dec 11, 2005 in forum: Prius Tax Credit Discussion
  9. Kiloran
    Post

    Tax Credit Phaseout Period

    No. His AMT is zero so the credit will not reduce his taxes below that. His taxes will be reduced by ~$3150 from $4950 to ~$1800. His taxes will...
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  10. Kiloran
    Post

    Going to be interesting in 2006

    Fortunately, I will have a 6 month old Prius by then. B)
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  11. Kiloran
    Post

    2005 Avatar Of The Year Contest

    I have them!
    Post by: Kiloran, Dec 9, 2005 in forum: Fred's House of Pancakes
  12. Kiloran
    Post

    '06 Credit Available even if you take it in '05?

    OK. I just spoke with a good friend of mine who is a professional financial/tax planner. He said that, as ordinary citizens, the IRS would likely...
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  13. Kiloran
    Post

    '06 Credit Available even if you take it in '05?

    If your dealer backs out of a verbal commitment and sells your car to the next person on the list rather than waiting the 1-2 weeks till January,...
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  14. Kiloran
    Post

    2005 Avatar Of The Year Contest

    Any KISS fans?
    Post by: Kiloran, Dec 9, 2005 in forum: Fred's House of Pancakes
  15. Kiloran
    Post

    2005 Avatar Of The Year Contest

    Hey Jack_06, Howzabout a Jack Skellington avatar?
    Post by: Kiloran, Dec 9, 2005 in forum: Fred's House of Pancakes
  16. Kiloran
    Post

    Anyone want my spot in South Texas 06 waiting list

    Are you sure your dealer is going to be ok with you trading out your position? :unsure:
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  17. Kiloran
    Post

    Were the tax breaks a decisive factor?

    That's right except the dropoff is not so gradual. If 60k hybrid vehicles are sold by a manufacturer sometime in the first quarter of 2006, the...
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  18. Kiloran
    Post

    Were the tax breaks a decisive factor?

    Happened to me too.
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  19. Kiloran
    Post

    Tax Credit Phaseout Period

    I imagine Toyota will issue a press release when this occurs.
    Post by: Kiloran, Dec 9, 2005 in forum: Gen 2 Prius Main Forum
  20. Kiloran
    Post

    Prius looks like the Aztec ?

    Yes but the Prius looks better. A better phrasing woud be that the Aztec looks like the Prius' less attractive brother.
    Post by: Kiloran, Dec 8, 2005 in forum: Gen 2 Prius Main Forum
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