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New York State Income Tax Credit and Sales Tax Exemption

Discussion in 'Gen 2 Prius Main Forum' started by mielikki_eo, Dec 15, 2003.

  1. sjr14221

    sjr14221 Member

    Joined:
    Dec 23, 2003
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    Location:
    WNY
    Vehicle:
    2016 Prius
    Model:
    Four Touring
    Okay, finally doing taxes.

    Here is how I understand it. For the federal return, I can use sales tax or state income tax as a deduction, whichever is greater.

    This will not affect the hybrid vehicle credit to my state income tax which is a completely separate form given to a separate government?

    Is this correct?

    Thanks,

    Sharon
    (who should be in bed instead of doing her taxes!)
     
  2. DanMan32

    DanMan32 Senior Member

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    Yes! You get the prize! Someone that finally gets it!

    Don't forget your $2000 to your Adjusted Gross Income on your Federal Income Tax.
     
  3. sjr14221

    sjr14221 Member

    Joined:
    Dec 23, 2003
    115
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    Location:
    WNY
    Vehicle:
    2016 Prius
    Model:
    Four Touring
    thanks DanMan!

    I finished my Federal forms that night, but haven't done the extra forms for the State (AU-11 and another, I think).

    Hey, my refund is already spent. It doesn't actually matter when I get the check. Three cheers for procrastination.

    Sharon
     
  4. gilligan

    gilligan New Member

    Joined:
    Apr 21, 2009
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    Credit Forum

    I have an emergency situation where i need to get $1000 fast for my car to
    be repaired. I need the money fast but I still want to not get screwed over.
    My friend suggested an online site that he used before called
    instantbailoutdotcom I looked it over and it looks ok, but I am not sure
    what is a reasonable rate for a payday loan. Is there a standard for this
    type of loan? Also does a payday loan effect your credit?
     
  5. swi66

    swi66 Member

    Joined:
    Sep 3, 2008
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    Location:
    Gasport, NY
    Vehicle:
    2008 Prius
    Re: Credit Forum

    Any kind of internet loan, or payday loan is an invitation for trouble.
    If you are in that kind of situation, you are only going to get yourself in deeper.
    My son is a collection agent, and he constantly tells me stories about how people get in so deep so quick with things like this. To the point they will never get out.

    Find a pawn shop, hock something.
    Instant money quick with a payday loan is not a good idea.