Taxpayer asks:
hi can you deduct the sales tax paid if you leased a new car in june of 2009?
Taxgirl says:
Nope, sorry. If you’re referring to the new car sales tax deduction, leases are specifically excluded.
However, if you itemize your taxes, you might still be able to claim sales taxes paid as a deduction on your Schedule A. Check out this prior post for more details.
Before you go: be sure to read my disclaimer. Remember, I’m a lawyer and we love disclaimers.
If you have a question, here’s how to Ask The Taxgirl.
Admire your blog, I don’t read every post, but the one’s I have read are right on. From a fellow girl cpa…hope your season is going well.
Thanks Bonnie!