BobbyLucas
Well Known Member
(Please, pretty please, only reply if you have information specific to Michigan, or can point me to someone who does)
Michigan builders: Did you pay-as-you-go for use tax on your kits, or pay the lump sum right before/after registering? Looking for advice and details of the process for each. My situation follows...
I bought my first kit in 2019 and wanted to pay as I went, so on my MI-1040, using TaxAct online, I claimed the empennage kit and paid the use tax. Fast-forward to this year, I'm starting to prepare my taxes and planned to claim the fuse and finish kits, but... Looking at last years return, both my paper copy and online, I cannot see any detail about what the use tax I paid was for. I'm sure I recall entering a description that it was for the empennage kit and adding my builder number, but looking now I don't even see anywhere to put that information - I only see fields for total dollar amount of all purchases?? Did I miss a form somewhere?
Of course I can't get anyone on the phone from MI department of treasury, or even TaxAct. smh
Am I better off waiting until registration to pay the use tax? Might have to kiss last years payment goodbye, bin it to cost of education.
Michigan builders: Did you pay-as-you-go for use tax on your kits, or pay the lump sum right before/after registering? Looking for advice and details of the process for each. My situation follows...
I bought my first kit in 2019 and wanted to pay as I went, so on my MI-1040, using TaxAct online, I claimed the empennage kit and paid the use tax. Fast-forward to this year, I'm starting to prepare my taxes and planned to claim the fuse and finish kits, but... Looking at last years return, both my paper copy and online, I cannot see any detail about what the use tax I paid was for. I'm sure I recall entering a description that it was for the empennage kit and adding my builder number, but looking now I don't even see anywhere to put that information - I only see fields for total dollar amount of all purchases?? Did I miss a form somewhere?
Of course I can't get anyone on the phone from MI department of treasury, or even TaxAct. smh
Am I better off waiting until registration to pay the use tax? Might have to kiss last years payment goodbye, bin it to cost of education.