Quote:
Originally Posted by sirfergy
If you sell the car before 3 years is up, you have to refund a portion of the credit.
|
Yeah and if you buy something off the internet you're supposed to report that so you can pay your state's sales tax on it. LOL!
Don't feel bad about not complying with the tax code. It is so complex its complexity alone is a valid defense to avoid criminal prosecution unless its blatant. The IRS only audits ~1-1.5% of all returns.
People that worry about audits really have no idea the antics the wealthy use to reduce or eliminate theirs, which when explained in plain English most people would be amazed they're actually semi-legal.
Now if you engage in blatant fraud then you will do more than just pay back taxes and penalties, but thats a different story.