Posts Tagged ‘Taxes’

I’m a home Child Care provider-Can I claim my Car payment or Insurance when filing taxes?

by Cars & Motorcycles
May 11th, 2009

lovenlife asked: Any Tax Professionals out there?
I’m a home child care provider, doing my own taxes.
I use my vehicle for personal & business use.
I claim business miles on my taxes.
Can I claim a percentage of my Car Payment or Car Insurance when filing taxes?
If so- Where do I list it?
Also, Any Internet Sites with Specifics on this Topic would be appreciated.

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Michigan resident moving to California in a month. Is it worth buying a new car which meets California Emissio?

by Cars & Motorcycles
May 6th, 2009

Michigan resident moving to California in a month. Is it worth buying a new car which meets California Emission standards here in Michigan and drive down to California? I am getting good deal for a new car here in Michigan plus the tax is less. I much appreciate any advice on this.
Thanks.

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I am planning on buying a used car in California and wondering if I have to pay Sales tax on the purchase?

by Cars & Motorcycles
May 5th, 2009

Besides sales tax what are the other taxes / fees while buying a used car in California?

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Will buying a new car effect my taxes?

by Cars & Motorcycles
April 24th, 2009

Corey W asked: I bought a new car in Jan of 2008, will i have to file it for this coming tax return? and if so, where does it go?

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Tax payable on buying a new car?

by Cars & Motorcycles
April 22nd, 2009

CarQuest asked: Hi, I am planning to buy a new car (Logan) in Chennai for about 5lakhs.
1. What all taxes do I need to pay?
2. How much will be the registration costs be?
3. Any other expenses?

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How do I calculate the present value of buying new car?

by Cars & Motorcycles
April 18th, 2009

Reece Mak asked: The car now is :$22000

The saleman offers
N = 5 yr
PMT = $350/mth
Down PMT= $3000
Interest rate = ???? I dont know what to get, i just get the t-bill one. If i am wrong, please let me know.

I have a HP 10BII financial calculator?
do i plug these into my calculator?
N=60 (5 x 12)
PMT = 350
PV =3000
I/YR = 4.94 (5 yr yield from t-bill 6/5/2006)

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What is the process of buying new car in CA when my residence is out of state?

by Cars & Motorcycles
April 17th, 2009

kamdeng asked: I am moving to CA for a new job, but technically my residence will still be in another state (because I have to wait until the home sells whenever that happens). I will be staying with friends/family in CA. I need to buy a new car in CA to get around. I will not be immediately changing my license to CA. I believe I can get coverage of the new car under my current insurance plan. I am guessing I will have no problem buying the car from a dealer. I am also guessing that I will have to pay CA sales tax. But what about registering the new car with the DMV? Which state will I register it to?

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Fees associated with buying a car out side of New York?

by Cars & Motorcycles
April 13th, 2009

djverne2002 asked: I was wondering what fees are associated with buying a car out side of sate if you live in New York. Do I have to pay taxes on the car or can I avoid them some how?

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Can I Deduct My Car Maintenance In Parts And Labor During The 2008 Year Taxes?

by Cars & Motorcycles
April 11th, 2009

FDG asked: I NEED TO KNOW IF I CAN APPLY DEDUCTIONS FROM MY CAR MAINTENANCE IN THIS YEARS

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What are the financial benefits of buying a used car from a private owner vs a dealer?

by Cars & Motorcycles
April 10th, 2009

MississippiSam asked: I’m thinking of buying a used car for about $25k to $30k. If I buy – let’s say a $30k car from a dealer in Mississippi, the sales tax will be $1500 (5%). But if I buy a $30k car from a private owner, there is no sales tax of course.

My question is: Will I have to pay any additional taxes when I buy my tag if I go the private owner route?

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