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Boat Fishing & Boating A new forum at Striped-Bass.com for those fishing from boats and for boating in general

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Old 03-31-2008, 02:22 PM   #1
nautibuoys
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Join Date: Nov 2002
Location: NorthShore
Posts: 65
Gas tax rebate

You file seperately from your taxes. Rebate expenses have to be less than 6 months old (any 6 month period, say May to October). Rebate was MUCH better when gas was less ($1 vs $3), as you have to net a 5% tax against the 21 cent per gallon rebate (which, doesn't sound bad but when you do the math, it essentially guts the rebate). Net, today, its a PITA for the $$ effort involved.
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