Can someone whose knows tell me what forms they filled out in doing their taxes for 2004 and claiming tax deduction for your Prius? Did you use form 4562? form...
... No, presuming you are an individual and not a business, it goes right on the front of Form 1040: Individuals must use Form 1040, not one of the shorter...
No special forms necessary for the 1040 form. Just fill in line 35 with the words "Clean fuel" and $ 2000 . That's all for the deduction. It's not a credit....
On the Clean Fuel tax credits: In 2002 I bought my first Prius and claimed $2000 on the 1040 form. I bought a 2005 Prius in 12/04 and our H&R tax guy said the...
... Well, you better change it to $2000 if you don't want to get a bill for more taxes. Your tax guy ain't gonna pay 'em for you. The IRS site says explicitly...
I wonder if anyone has heard of an "electric only" mode for the prius. I live at the top of a fairly long hill. Every morning I back out of the garage, then...
Turbo Tax agrees with the H&R guy, that's what I brought up the question in the first place. That is why I was asking about the additional forms, the way I...
B"H Murray that's a bummer, but the car needs to warm up since Prius' priority is reducing emissions, even more than saving gas. Warming up the engine keeps...
Thanks for the info, when I ran my taxes on Turbo-Tax, I also about 10% of the car cost. This was following the software as I filled in my info, it did not use...
I'm crossposting, so some of you will see this more than once. The Civic GX is now available in California. Or soon will be, last month. This spring. Yeah,...
Linda I am curious about the Civic GX. I live in an area where the homes are all electric and I am not in CA so looking ahead a bit. Do you know just how the...
Maryellen B. Smith
MSmith5921@...
Apr 5, 2005 11:34 pm
11060
I understand the deduction is $1500 for a 2004 bought before Dec 31, 2004. Is that incorrect? I got it from the IRS website! I understood that it decreased...
... There was talk of reducing it, and the origial bill had it phase out, but it's been renewed several times since. Unfortunately, there are a lot of...
... I use Turbo Tax myself, and it certainly DID use line 35, and took the $2000 deduction. Are you sure you didn't use the Electric Vehicle credit rather...
... The form 8834 is for the Electric Vehicle Credit, which the Prius does not qualify for. (If you were doing your 2000 or 2001 taxes, before the IRS ruling,...
Is it correct to say that the current deduction is only for "entering the vehicle into service"? (One time only for year purchased) Is there any credit or...
... the vehicle into service"? (One time only for year purchased) One time per qualified vehicle, in the tax/calendar year purchased, only. (So, if you bought...
Announcement: Monte Carlo-style Rally and 100-mpg Challenge May 13-14, 2005 to the Tour de Sol in Saratoga Springs, NY WIN $5,000 FOR BREAKING THE 100-MPG...
Anissa Sanborn
asanborn@...
Apr 6, 2005 8:51 pm
11067
... Actually the deduction, although it is a one shot deal, is presumed to cover a certain presumed clean-air benefit extending over a multi-year vehicle life....
Thanks for your help--the release regarding the 2005 Prius actually talks about the update and says it applies to cars put into service in 2004 and 2005. ...
I have to say, I was wrong in the way I origanally filled out the deduction for my Prius. I reran Turbo Tax and indeed must have checked on an invalid button...
May you read my article please? I know it has nothing to do with this group but it may open your mind about something that you don't know marriage Unlike some...
Can someone please explain to me why THIS particular forum is being used to spread Islam??? ... From: galiy66 To: toyotaprius@yahoogroups.com Sent: Sunday,...
I was wondering the same thing. What a bunch of crap. ... From: Deb To: toyotaprius@yahoogroups.com Sent: Sunday, April 10, 2005 7:20 PM Subject: Re: [Toyota...
... It wouldn't be the first time. <http://www.consumeraffairs.com/finance/hr_block_errors.html> -- =Gary '05 Millennium Silver; BI + Wheel Locks, Fog lights,...
... Well, until people started complaining about it, I didn't even know it was there. GMail had neatly tossed it in the spam bucket without missing a beat. I...
All I did was reply to the message. How do I avoid quoting the whole thing back? ... From: Gary Novosielski To: toyotaprius@yahoogroups.com Sent: Sunday, April...
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