Quote:
Originally Posted by perfectnobody
so basically, they take the amount of tax you pay on a "Z" (i think it's about $3,000 for base plus sports... not 100%) and deduct that from your gross income for the year and you are only taxed on the remaining...
so you are not actually getting$3,000 back, just getting taxed less.
still better than i was expecting in the first place, so it's still great!
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Don't forget that you may wind up in a lower tax bracket after the deduction.
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SOLD MY Z MARCH 2018 - another Core OG moves on - new ride 2019 Z Corvette Grand Sport - no mods necessary but already have eyes on HFC and intakes LOL IT NEVER ENDS.
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