Wow i had to pay $600 at the dmv!!
#31
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boo hoo
, i would have gladly paid $600..... i bought my car in 2007 out of state so when i came back to my state and went to register it i had to pay taxes on it since i didnt when i bought it,title,license, registration,etc etc and this was when our cars still had a good value to them (i mean in the 20-30k range) when all was said and done, i paid several thousand bucks (i think it was close to 4k or something like that)
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#33
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Ahem...
And I reiterate my previous statements because they were based on this:
You didn't get a bad deal. You got what you should have gotten. It's not like the DMV worker said "Look at this guy. I'm going to rake him over the coals, tell him it's $600 and cop $200 out of it."
You asked for input, I gave what I thought. Here's a tip - keep the receipt with the breakdown of your taxes paid. Write it off your taxes next year (consult with a tax pro on this).
Big Mack
And I reiterate my previous statements because they were based on this:
You didn't get a bad deal. You got what you should have gotten. It's not like the DMV worker said "Look at this guy. I'm going to rake him over the coals, tell him it's $600 and cop $200 out of it."
You asked for input, I gave what I thought. Here's a tip - keep the receipt with the breakdown of your taxes paid. Write it off your taxes next year (consult with a tax pro on this).
Big Mack
#36
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The whole thing drives me nuts. The worst part about it is the highway patrol. After you have paid the government all this money for your right to use the roads and help pay for them what do they do? They say oh hey let's double dip and pull the people over who are paying for all of this and extract more money from them! Total Sheriff of Nottingham move!
#37
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Turbotax or equivilant will specifically query "did you pay any vehicle registration taxes" and/or "did you buy or sell a vehicle?" for sales tax; and you follow their prompts to get the proper deduction(s) entered.
If you go to CA DMV website they specifically have a page to lookup the vehicle tax amount for your vehicle for the past 3years specifically just to help owners with their tax claims(Not all of the total you paid counts as the deduction).
https://www.dmv.ca.gov/FeeCalculatorWeb/vlfForm.do
Last edited by raytseng; 04-22-11 at 04:18 PM.
#38
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The whole thing drives me nuts. The worst part about it is the highway patrol. After you have paid the government all this money for your right to use the roads and help pay for them what do they do? They say oh hey let's double dip and pull the people over who are paying for all of this and extract more money from them! Total Sheriff of Nottingham move!
You don't need to consult with a tax pro. It's a common deduction. If you are NOT doing this, you're leaving money on the table.
Turbotax or equivilant will specifically query "did you pay any vehicle registration taxes" and/or "did you buy or sell a vehicle?" for sales tax; and you follow their prompts to get the proper deduction(s) entered.
If you go to CA DMV website they specifically have a page to lookup the vehicle tax amount for your vehicle for the past 3years specifically just to help owners with their tax claims(Not all of the total you paid counts as the deduction).
Turbotax or equivilant will specifically query "did you pay any vehicle registration taxes" and/or "did you buy or sell a vehicle?" for sales tax; and you follow their prompts to get the proper deduction(s) entered.
If you go to CA DMV website they specifically have a page to lookup the vehicle tax amount for your vehicle for the past 3years specifically just to help owners with their tax claims(Not all of the total you paid counts as the deduction).
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Big Mack
#40
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Interesting, I just did a sale transfer about a month ago (in CA) with a listed sale price of $5000 (bought it for $8000) and they only did the normal sales tax, so I paid a little under $500 after tax and transfer fee. I believe KBB would've listed it around 7k-8k
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aristo2369
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04-29-11 12:30 PM