User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


30° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

 Winter Storm for March 2-3, 2015

Snow Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Some Surprised By 'Clunker' Tax

August 24, 2009, 9:41 PM by Shawn Neisteadt

Some Surprised By 'Clunker' Tax
The Cash For Clunkers program is adding to the activity at treasurers' offices all around South Dakota. First, people were asking for proof of ownership, so they could show they owned their vehicle for a full year, allowing them to cash it in. Now, they'll be returning to register their new vehicle.  And when they do, new owners need to bring every bit of paperwork provided to them by their dealer.

"That means they need their title, their damage disclosure, their bill of sale and the dealers have 30 days to get that to them," Minnehaha County Treasurer Pam Nelson said.

But many of those cashing in on the clunkers program are surprised when they get to the treasurer's office windows. That's because the government's rebate of up to $4500 dollars for every clunker is taxable, as a state excise tax.

"They didn't realize that would be taxable. A lot of people don't realize that. So they're not happy and kind of surprised when they find that out," Nelson said.

For now, the biggest impact of the program hasn't hit this office yet, as most of the paperwork is still in the hands of the dealers. But Nelson expects to see move activity in her office in the next month.

"I'm anxious to see what it's going to be like. I have no idea how many people we're going to see. Hopefully the dealers can process their paperwork in 30 days," Nelson said. 

And that's when the line at this office will give some indication of how many cars the government program moved off of local lots. 

Nelson adds that if you did recently purchase a vehicle, ensure your dealer gets you the paperwork in time because if they don't you could pay extra interest and penalties.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

You may also like

Minnesota Man Catches Walleye Whopper

2/27/2015 10:21 AM

Paul Ell of Big Lake, MN snagged a 11.6-pound, 29.5-inch walleye after 6 p.m. Thursday night.

Full Story
3 Teens In Custody After Driving Stolen Vehicle

2/24/2015 11:04 AM

Early Tuesday morning, a Sioux Falls woman reported her 2001 Land Rover Discovery was stolen. A set of keys were left in the vehicle's center cons...

Full Story
Woman Admits To Having Sexual Contact With A Teenager

2/27/2015 10:44 AM

A former Sioux Falls teacher pleads guilty to sexual contact charges for a relationship she had with a student. 

Full Story
Canadian Man Tunnels Through Snow To Reach Car

2/25/2015 7:50 AM

Prince Edward Island in Canada is one of many provinces and states along the East Coast dealing with record snowfall.

Full Story
Storm Center Update - Sunday AM

3/1/2015 5:47 AM

Temperatures this morning are mostly in the single digits and teens with clouds moving out of the area. Some areas of southern KELOLAND could see some...

Full Story


Events