http://www.taxgirl.com/ask-the-taxgirl-new-car-sales-tax-deductions/ Paying taxes is painful... but reading about them shouldn't be. Sat, 21 Nov 2009 12:33:00 -0500 http://wordpress.org/?v=2.8.6 hourly 1 http://www.taxgirl.com/ask-the-taxgirl-new-car-sales-tax-deductions/comment-page-1/#comment-10644 Cameron Fri, 12 Jun 2009 20:37:26 +0000 http://www.taxgirl.com/?p=3102#comment-10644 Approx $400 (tax refund) on a $25,000 car isn't much incentive to get me out and buy a car. If I was going to buy one anyway, it would be like free money, but no way will it be an incentive. Approx $400 (tax refund) on a $25,000 car isn’t much incentive to get me out and buy a car. If I was going to buy one anyway, it would be like free money, but no way will it be an incentive.

]]> http://www.taxgirl.com/ask-the-taxgirl-new-car-sales-tax-deductions/comment-page-1/#comment-10629 Kelly Thu, 11 Jun 2009 18:16:07 +0000 http://www.taxgirl.com/?p=3102#comment-10629 Any car so long as it otherwise qualifies (must be a new car, light truck, motor home or motorcycle). Any car so long as it otherwise qualifies (must be a new car, light truck, motor home or motorcycle).

]]> http://www.taxgirl.com/ask-the-taxgirl-new-car-sales-tax-deductions/comment-page-1/#comment-10628 Mike Thu, 11 Jun 2009 17:39:23 +0000 http://www.taxgirl.com/?p=3102#comment-10628 Is this just for American cars or any car? Is this just for American cars or any car?

]]> http://www.taxgirl.com/ask-the-taxgirl-new-car-sales-tax-deductions/comment-page-1/#comment-10036 Kelly Tue, 07 Apr 2009 23:21:03 +0000 http://www.taxgirl.com/?p=3102#comment-10036 I'm guessing an above the line deduction is always better - you could probably split them. I haven't seen anything (yet) that says you can't take the car purchase on the front of your 1040 and the rest of your sales tax purchases on Sched A. I’m guessing an above the line deduction is always better – you could probably split them. I haven’t seen anything (yet) that says you can’t take the car purchase on the front of your 1040 and the rest of your sales tax purchases on Sched A.

]]> http://www.taxgirl.com/ask-the-taxgirl-new-car-sales-tax-deductions/comment-page-1/#comment-10034 Nikki Kratzner Tue, 07 Apr 2009 19:14:43 +0000 http://www.taxgirl.com/?p=3102#comment-10034 So I'm guessing that if you did itemize it wouldn't make a difference from how it's been since you've been able to deduct sales tax, you will still have to see what is more benificial, state withholding or sales tax? It's not like you could take the deduction for a major purchase along with your state withholding tax deduction? So I’m guessing that if you did itemize it wouldn’t make a difference from how it’s been since you’ve been able to deduct sales tax, you will still have to see what is more benificial, state withholding or sales tax? It’s not like you could take the deduction for a major purchase along with your state withholding tax deduction?

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