Comments on: Ask the taxgirl: Used Car Sales Tax Deduction http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/ Paying taxes is painful... but reading about them shouldn't be. Sun, 12 Feb 2012 17:55:29 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: theresa rivera http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/comment-page-1/#comment-26693 theresa rivera Sun, 12 Feb 2012 17:55:29 +0000 http://www.taxgirl.com/?p=4732#comment-26693 i leased a new car, can i claim the excise tax on mt income tax next year ? i leased a new car, can i claim the excise tax on mt income tax next year
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]]> By: Kelly http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/comment-page-1/#comment-24783 Kelly Mon, 21 Mar 2011 15:47:15 +0000 http://www.taxgirl.com/?p=4732#comment-24783 That's a great question, Mike. My gut is no because ostensibly the owner of the car was the lease holder. Let me see if I can find out more, though. That’s a great question, Mike. My gut is no because ostensibly the owner of the car was the lease holder. Let me see if I can find out more, though.

]]> By: Mike http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/comment-page-1/#comment-24770 Mike Mon, 21 Mar 2011 00:53:05 +0000 http://www.taxgirl.com/?p=4732#comment-24770 Since the Car Sales Tax Deduction was extended to include 2010, I have a follow-up question. In November we purchased a previously leased 2010 vehicle. Since leased vehicles do not apply, my question is, would we qualify as being the 1st Owner of the new 2010 vehicle? Thanks Since the Car Sales Tax Deduction was extended to include 2010, I have a follow-up question. In November we purchased a previously leased 2010 vehicle. Since leased vehicles do not apply, my question is, would we qualify as being the 1st Owner of the new 2010 vehicle? Thanks

]]> By: VC http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/comment-page-1/#comment-15611 VC Mon, 05 Apr 2010 20:22:52 +0000 http://www.taxgirl.com/?p=4732#comment-15611 Was told that there was a choice to use sales taxes or property taxes? when doing taxes. I was told that it depended on the amount of each what would be used. Since there was no sale done on property the proptery tax amount is what has been used in the past. The value of the property went down this year I don't have any thing from the county recorders office. do I need to have that to show the change. They said that they would reassisting this year, with the way the economy is going. (I will check with county to see if there was an assessment done last year). Was told that there was a choice to use sales taxes or property taxes?
when doing taxes. I was told that it depended on the amount of each what would be used. Since there was no sale done on property the proptery tax amount is what has been used in the past.

The value of the property went down this year I don’t have any thing from the county recorders office. do I need to have that to show the change. They said that they would reassisting this year, with the way the economy is going. (I will check with county to see if there was an assessment done last year).

]]> By: Kelly http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/comment-page-1/#comment-15131 Kelly Sun, 14 Mar 2010 13:30:09 +0000 http://www.taxgirl.com/?p=4732#comment-15131 Joe, if you're taking it as an increase to the standard deduction (the special deduction for new cars for 2009), take it on Schedule L. If you're taking it as part of your "regular" sales tax deduction bc you itemize and opt to claim sales tax instead of income tax, take it on Schedule A (line 7). Joe, if you’re taking it as an increase to the standard deduction (the special deduction for new cars for 2009), take it on Schedule L. If you’re taking it as part of your “regular” sales tax deduction bc you itemize and opt to claim sales tax instead of income tax, take it on Schedule A (line 7).

]]> By: joe capobianco http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/comment-page-1/#comment-15126 joe capobianco Sat, 13 Mar 2010 22:45:57 +0000 http://www.taxgirl.com/?p=4732#comment-15126 i bought a new car in rhode island in august of 2009. i like to take credit for tax paid which is about 1500.00. what line do i put this on 1040 federal form. i bought a new car in rhode island in august of 2009. i like to take credit
for tax paid which is about 1500.00. what line do i put this on 1040 federal form.

]]> By: Ask the taxgirl: Sales Tax Deduction & Leases | taxgirl http://www.taxgirl.com/ask-the-taxgirl-used-car-sales-tax-deduction/comment-page-1/#comment-14856 Ask the taxgirl: Sales Tax Deduction & Leases | taxgirl Mon, 01 Mar 2010 04:00:44 +0000 http://www.taxgirl.com/?p=4732#comment-14856 [...] 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. [...] [...] 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. [...]

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