Did you use Turbo Tax*? What's the dumbest (or RW)Tax change did you find?

[Up2Late]

(* Turbo Tax or any other "do it your self on you computer" Tax program)

I'm mostly talking about "help files" that you click on when you don't understand something.

I found some new things that I'm not sure were in their last year, and a few that are just stupid, or things that look like they (the RePukes in Congress) I think, are trying to slip past us, like this one:

Clean Fuel

A clean-fuel vehicle uses one of these fuels instead of or in addition to gasoline:

- natural gas or liquefied natural gas

- liquefied petroleum gas

- hydrogen

- electricity

- other fuel that is at least 85% alcohol (any kind) or ether

What the hell is "liquefied petroleum gas"? Isn't that the same thing as Gasoline?


(To keep this post compact, I'm going to past a few more as response to this one, if their is interest in talking about this subject.)

[illflem]

1. liquefied petroleum gas = LPG = propane

[Conservativesux]

2. Propane/Butane are still made from crude oil, so whats the point?

If you convert a gasoline engine to burn pressurised liquid natural gas, instead of gasoline, and you use up MORE fuel, about 20 to 25 percent or so, and your car has less power as well.

This makes no sense whatsoever.

[Up2Late]

4. Here's another one that makes little to no sense to me

Qualified Electric Vehicle

To qualify for the electric vehicle tax credit, all of the following must be true:

The vehicle must:

- have at least four wheels

- be intended for use on public streets, roads, and highways

- get its primary power from an electric motor that uses rechargeable batteries, fuel cells, or other portable
electricity source

- not operate exclusively on a rail or rails

- be used primarily inside the United States

- not be used by a governmental unit or agency

- not be used by a nonprofit agency, unless a section 521 farmers' cooperative or the vehicle is used mainly in a
section 511 unrelated taxable trade or business

- not be a gasoline/electric hybrid vehicle

You must:

- be the original owner and user of the vehicle

- not buy the vehicle for resale

- be a United States citizen

Why is this in there? Why shouldn't "a nonprofit agency" get "the electric vehicle tax credit" by using electric vehicles? :shrug:

[Conservativesux]

6. Electricity and the waste disposal fee for these vehicles make purchasing

..less then optimum, over a hybrid car.

Good point though about the non-profits.

Who knows what these people are thinking when they draw up these tax codes ?

[SoCalDem]

3. My CA program asked me if I knew that CA expected taxes

to be paid for online purchases, and did I "want" to list any??

Uh...NO :)

[Up2Late]

5. Here's another WTF?

Child's Income

Your child is required to file a tax return for 2004 if the child had any of the following;

- Unearned income (interest, dividends, capital gains) of more than $800

- Earned income (wages, salaries, tips and fees) of more than $4,850

- Gross income (earned and unearned income) of more than $800 (if unearned income was $250 or more) or
$4,850 (if unearned income was less than $250)

If your child is younger than 14 and required to file a return, you may be able to report the income on your return
using Form 8814, Parent's Election to Report Child's Interest and Dividends. If you report it on your return, the
child is not required to file a return.

If you elect not to report your child's income on your return, or you don't qualify to use Form 8814, the child
must file a return and may have to file Form 8615, Tax for Children Under Age 14 with Investment Income of
More Than $1,600.

What is this, going after all those un-collected, "Paperboy" Taxes?:wtf:

And should we be taxing victims of forced Child Labor?:crazy: