FYI: TurboTax 2007 and the Hybrid Tax Credit
#13
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
If I went to a tax place to do my taxes instead, would they be able to process my tax credit or is this slowdown being caused by the IRS and therefore causing all of these programs to need an update?
#14
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
Hmmm....so far I have went through TurboTax and I am not getting the credit. We don't even fall under the AMT. I am going to give them a call before I start getting really ticked off about not getting it. Hopefully I am just missing something.
#15
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
http://www.irs.gov/newsroom/article/...176419,00.html
#16
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
If you are doing your taxes yourself, you can get the form here:
http://www.irs.gov/pub/irs-pdf/f8910.pdf
http://www.irs.gov/pub/irs-pdf/f8910.pdf
#17
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
One more thing to keep in mind if you are doing your taxes on tax software this year. Are you using your hybrid for business as well as pleasure? If you answer "yes" to that question, you will still get the credit, but it will be split on your forms. A portion will show up as your tax credit (that's the portion you indicate as "personal use"). A portion will show up as a business expense/rebate. It will still add up to $2100 (for those of you who bought a new HCH in 07), but you won't see it where you might expect it to be. Therefore, those of you who don't think you're getting the $2100 should check out the business expense end of your return, just in case.
#18
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
Congress says that a $600 check for each of us will stimulate the economy.
Imagine how the extra $2,100 we're getting will boost the GDP!
We're all patriots for buying hybrids!
.
Imagine how the extra $2,100 we're getting will boost the GDP!
We're all patriots for buying hybrids!
.
#19
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
Congress says that a $600 check for each of us will stimulate the economy.
#20
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
The form has been available for a few weeks now. I know as I just checked by bank account and my federal tax refund was received last night!