Vehicle tax question? - Page 2 - Chicagoland Cruisers

MDFDWarrior · 07-02-2009, 10:39 AM

thanks alot guys!

Geoff · 07-02-2009, 12:26 PM

Thom, if you're buying a new bike, remember that the 2009 stimulus package offers a tax credit. The credit is limited to the sales, local, and excise taxes associated with the purchase.

MDFDWarrior · 07-02-2009, 12:34 PM

Quote:

Originally Posted by Geoff

Thom, if you're buying a new bike, remember that the 2009 stimulus package offers a tax credit. The credit is limited to the sales, local, and excise taxes associated with the purchase.

thanx Geoff - where can I find out more about this stimulus package? does it apply to rec vehicles like motorcycles?

Darkside · 07-02-2009, 01:49 PM

Thom, are you buying it from Italy or Japan?

Geoff · 07-02-2009, 01:59 PM

Quote:

Originally Posted by MDFDWarrior

thanx Geoff - where can I find out more about this stimulus package? does it apply to rec vehicles like motorcycles?

The stimulus bill includes tax credit for motorcycle purchases.

LINK: New Car Tax Rebate- Obama Economic Stimulus Plan: Cash Back on 2009 Vehicle Purchase, Not Tax Credit on Federal Return | Suite101.com

MDFDWarrior · 07-02-2009, 02:16 PM

Quote:

Originally Posted by Darkside

Thom, are you buying it from Italy or Japan?

not sure yet - just doing some research!

Quote:

Originally Posted by Geoff

The stimulus bill includes tax credit for motorcycle purchases.

LINK: New Car Tax Rebate- Obama Economic Stimulus Plan: Cash Back on 2009 Vehicle Purchase, Not Tax Credit on Federal Return | Suite101.com

thanx again Geoff - well my passenger vehicle will not be exceeding 8,500 lbs so I think I'll qualify!

rt66john · 07-02-2009, 02:21 PM

Quote:

Originally Posted by Geoff

The stimulus bill includes tax credit for motorcycle purchases.

LINK: New Car Tax Rebate- Obama Economic Stimulus Plan: Cash Back on 2009 Vehicle Purchase, Not Tax Credit on Federal Return | Suite101.com

Yeah, I bought my new Dodge about 2 weeks before that legislation was signed. I don't qualify.

Geoff · 07-02-2009, 03:20 PM

Quote:

Originally Posted by rt66john

Yeah, I bought my new Dodge about 2 weeks before that legislation was signed. I don't qualify.

That sucks. I'd apply for the tax rebate anyway. All the IRS can say is no.

clubford00 · 07-04-2009, 12:29 AM

Mine is an 08 Victory vision premium tour. I purchased it from a private party and paid 25 bucks for the tax. And get this, a month later i got a check from the state for 25 bucks saying they didnt require some fee i paid. So basically it was tax free !

07-02-2009, 10:39 AM	#11 (permalink)
MDFDWarrior Admin - Slow Your Roll! Join Date: Mar 2006 Location: Naperville Motorcycle: Star Warrior, Suzuki B-King Posts: 5,806 Thanks: 87 Thanked 33 Times in 30 Posts Member's Picture Albums	thanks alot guys! __________________ ~ Thom (House of TORQ Founder) *Fantasize, Visualize, Customize* "You can say it can't be done, just don't interrupt me while I'm doing it...." "..And so castles made of sand fall into the sea, eventually...."

07-02-2009, 12:26 PM	#12 (permalink)
Geoff Senior Member Join Date: Oct 2005 Location: Naperville Motorcycle: HD & BMW Posts: 3,072 Thanks: 8 Thanked 30 Times in 29 Posts Member's Picture Albums	Thom, if you're buying a new bike, remember that the 2009 stimulus package offers a tax credit. The credit is limited to the sales, local, and excise taxes associated with the purchase. __________________ 1994 BMW K1100RS 2007 Harley Softail Custom

07-02-2009, 01:49 PM	#14 (permalink)
Darkside Senior Member Join Date: May 2007 Location: Vegas baby Motorcycle: Midnite Warrior Posts: 1,093 Thanks: 28 Thanked 13 Times in 10 Posts	Thom, are you buying it from Italy or Japan? __________________ You can take me out of Chicago, but you ain't takin Chi-town out of me. Prepare yourselves LVNV.

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07-04-2009, 12:29 AM	#19 (permalink)
clubford00 Senior Member Join Date: May 2009 Location: Buffalo Grove Motorcycle: 08 Victory Vision Premium Tour Posts: 133 Thanks: 0 Thanked 2 Times in 2 Posts Member's Picture Albums	Mine is an 08 Victory vision premium tour. I purchased it from a private party and paid 25 bucks for the tax. And get this, a month later i got a check from the state for 25 bucks saying they didnt require some fee i paid. So basically it was tax free !

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