Atlanta Club Lounge - Page 1057 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Josh @ Spartan LSX · 10-04-2013, 08:10 AM

Quote:

Originally Posted by csjcsj

Would anyone be intrested in attending a dyno day at MV Performance in Winder?
It's a Mustang thing, but they have invited others to come!
The link is here on detailed info!

https://www.facebook.com/events/401673843291395/

Looks like it could be fun, and would be good to show the Chevy Love!!!

They're right down the street from me.

If a bunch of you decide to go let me know. I'll come down and hang out as well. Maybe some folks can stop by my shop also.

Johnny@MTI · 10-04-2013, 08:13 AM

^ I might come down too! My car should be fixed by then.

blake2010ss · 10-04-2013, 08:22 AM

Quote:

Originally Posted by Josh @ Spartan LSX

They're right down the street from me.

If a bunch of you decide to go let me know. I'll come down and hang out as well. Maybe some folks can stop by my shop also.

Maybe we can do mine

Southern Comfort · 10-04-2013, 09:01 AM

My Camaro question of the day:
Anyone know if the new GA TAVT (title tax) will be tax deductible on federal returns?
Ad Valorem generally is, but I have seen a couple of claims around the web that say it wont be as it is not an annual tax.
I ask as this will determine whether we opt in with two vehicles at $2400, or keep paying annually at $450 this year and take that as a deduction.

Georgia Residents that bought a car in the last year may be interested in knowing this:

Motor vehicles purchased on or after March 1, 2013 and titled in this state are exempt from sales and use tax and annual ad valorem tax, also known as the "birthday tax". These taxes are replaced by a one-time tax that is imposed on the fair market value of the vehicle called the title ad valorem tax fee ("TAVT").

Toyaholic · 10-04-2013, 09:16 AM

The Secret Santa car show is this Saturday in Oakwood.

http://www.secretsantacarshow.com/

mrpyle · 10-04-2013, 09:44 AM

Quote:

Originally Posted by Toyaholic

The Secret Santa car show is this Saturday in Oakwood.

http://www.secretsantacarshow.com/

Sometimes I hate working every other Saturday. Seems most things happen on the Saturdays I do work.

driser · 10-04-2013, 09:52 AM

Car show in Loganville tomorrow as well.

www.corvettecruisersofatlanta.com is the website. Sponsored by Maxie Price.

SlowSS · 10-04-2013, 10:33 AM

Quote:

Originally Posted by Southern Comfort

My Camaro question of the day:
Anyone know if the new GA TAVT (title tax) will be tax deductible on federal returns?
Ad Valorem generally is, but I have seen a couple of claims around the web that say it wont be as it is not an annual tax.
I ask as this will determine whether we opt in with two vehicles at $2400, or keep paying annually at $450 this year and take that as a deduction.

Georgia Residents that bought a car in the last year may be interested in knowing this:

Motor vehicles purchased on or after March 1, 2013 and titled in this state are exempt from sales and use tax and annual ad valorem tax, also known as the "birthday tax". These taxes are replaced by a one-time tax that is imposed on the fair market value of the vehicle called the title ad valorem tax fee ("TAVT").

The annual tax that you get to claim is not worth the money you have to spend each year in order to claim it.

Southern Comfort · 10-04-2013, 01:13 PM

Quote:

Originally Posted by SlowSS

The annual tax that you get to claim is not worth the money you have to spend each year in order to claim it.

I would agree as long as you keep the car(s) more than three years. If you sell (not trade with a GA dealer) or move out of state before then I dont think they will refund any of that money. Both are possibilities on this end.

SlowSS · 10-04-2013, 01:51 PM

No they will definitely not refund any of the money for sure. And if you end up having to move out of state for a job or something and you had to register the car in that state and then moved back into GA. Guess what, you get to pay that same money again. Something's just don't make sense, but then again I don't get to make the rules just follow them. Lol

Just picked up my iPhone 5s...so far worth every penny. Of course I went from a 4 to the 5s

blake2010ss · 10-04-2013, 02:18 PM

Quote:

Originally Posted by Southern Comfort

I would agree as long as you keep the car(s) more than three years. If you sell (not trade with a GA dealer) or move out of state before then I dont think they will refund any of that money. Both are possibilities on this end.

No more 1le?? Did I miss something..?

Southern Comfort · 10-04-2013, 02:57 PM

Quote:

Originally Posted by blake2010ss

No more 1le?? Did I miss something..?

No you didnt miss anything - I just haven't said anything about it but I sold it this week to someone from out of state. Keeping my options open for what comes next. In the meantime, I get occasional permission to drive the ABM.

SlowSS · 10-04-2013, 03:04 PM

Quote:

Originally Posted by Southern Comfort

No you didnt miss anything - I just haven't said anything about it but I sold it this week to someone from out of state. Keeping my options open for what comes next. In the meantime, I get occasional permission to drive the ABM.

WTH!?! Why, I thought you were never going to get rid of that one

blake2010ss · 10-04-2013, 03:34 PM

Stingray!!! I want a ride

10-04-2013, 09:01 AM	#14788
Southern Comfort No Tags/Habitual Violator Drives: 6.2 Z71 Join Date: Sep 2011 Location: North Georgia Posts: 2,382 View My Garage	GA TAVT Deductible? My Camaro question of the day: Anyone know if the new GA TAVT (title tax) will be tax deductible on federal returns? Ad Valorem generally is, but I have seen a couple of claims around the web that say it wont be as it is not an annual tax. I ask as this will determine whether we opt in with two vehicles at $2400, or keep paying annually at $450 this year and take that as a deduction. Georgia Residents that bought a car in the last year may be interested in knowing this: Motor vehicles purchased on or after March 1, 2013 and titled in this state are exempt from sales and use tax and annual ad valorem tax, also known as the "birthday tax". These taxes are replaced by a one-time tax that is imposed on the fair market value of the vehicle called the title ad valorem tax fee ("TAVT"). Last edited by Southern Comfort; 10-04-2013 at 09:20 AM.

10-04-2013, 09:16 AM	#14789
Toyaholic It's a sickness! Drives: '69 442 Vert Join Date: Dec 2009 Location: Florida Posts: 1,319	Car show this weekend The Secret Santa car show is this Saturday in Oakwood. http://www.secretsantacarshow.com/ __________________

10-04-2013, 01:51 PM	#14794
SlowSS Drives: 2013 Camaro 2SS/RS 1LE Join Date: Sep 2010 Location: Commerce, GA Posts: 3,873	No they will definitely not refund any of the money for sure. And if you end up having to move out of state for a job or something and you had to register the car in that state and then moved back into GA. Guess what, you get to pay that same money again. Something's just don't make sense, but then again I don't get to make the rules just follow them. Lol Just picked up my iPhone 5s...so far worth every penny. Of course I went from a 4 to the 5s __________________ My Build Thread!

10-04-2013, 03:34 PM	#14798
blake2010ss Drives: 2010 Camaro 2ss/rs Join Date: Oct 2009 Location: stone mountain, GA Posts: 2,228	Stingray!!! I want a ride __________________ 2010 Camaro 2SS/RS LS3 1093/1066 416, AGP 6262, E85, Cam

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10-04-2013, 08:13 AM	#14786
Johnny@MTI Drives: 99 ls1 miata Join Date: Jun 2013 Location: United States Posts: 192	^ I might come down too! My car should be fixed by then.

10-04-2013, 09:52 AM	#14791
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