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#1
06-02-2006, 04:20 AM
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 Re: Got Form ST556 - What Now? Missy wrote: - quote - > gmark[at]svs.com wrote:
Well I have never heard of an ST556 form. Doesn't sound> > We totaled a car, bought another, got a form ST556 from the > > dealer to get some sort of tax benefit. But they don't know > > what to do with it. > > > Is the tax on the original car deductible or something? Do > > we deduct it directly from our taxes as a credit? > > > What do we do with this thing? > It will go on Schedule A. like an IRS form. Missy, could you tell us more? ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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04-10-2006, 06:14 AM
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| Re: Got Form ST556 - What Now? gmark[at]svs.com wrote: - quote - > We totaled a car, bought another, got a form ST556 from the
It will go on Schedule A.> dealer to get some sort of tax benefit. But they don't know > what to do with it. > Is the tax on the original car deductible or something? Do > we deduct it directly from our taxes as a credit? > What do we do with this thing? Missy Doyle << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
04-09-2006, 04:23 PM
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| Got Form ST556 - What Now? We totaled a car, bought another, got a form ST556 from the dealer to get some sort of tax benefit. But they don't know what to do with it. Is the tax on the original car deductible or something? Do we deduct it directly from our taxes as a credit? What do we do with this thing? Thx! Mark << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| form, st556 |
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