Posts tagged as:

new car sales tax deduction

Ask the taxgirl: Sales Tax Deduction & Leases

28 February 2010

Taxpayer asks: hi can you dedcuct 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 [...]

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Ask the taxgirl: Used Car Sales Tax Deduction

8 February 2010

Taxpayer asks: Just before Christmas, I bought a 2007 VW Jetta. It was a great deal since it had very low miles on it. When I bought it, the dealer said that I could deduct the sales tax from my taxes but I read on your site that the car has to be new, not [...]

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Ask the taxgirl: Buying More Than One New Car

31 December 2009

Taxpayer asks: I bought a new Honda Accord in the spring which I know will qualify for the new car tax break. My wife wants to buy another car by the end of the year – our dealer is having a close-out. I told her I’d do it if we can still get the tax [...]

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taxgirl’s Most Popular Posts of 2009

31 December 2009

Wow, what a tax year it has been! Thanks to Richard Hatch, Joe Francis and all of the lovely banks who participated in TARP, it was a record year on taxgirl. All total, there were 3,453 comments (not counting spam and crazy/offensive people who had their smack deleted) on 691 posts. But what did you [...]

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Ask the taxgirl: “New To You” Car Tax Credit?

24 December 2009

Taxpayer asks: Hi Tax Girl! My husband bought a new car this year while all the tax credit for new car purchase commercials were going on. The catch? It’s a 2009 car, but was previously owned. Does it count as a New Car for the purposes of the new car tax credit? Thanks so much [...]

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Ask the taxgirl: New cars, tax deductions and losses

23 June 2009

Taxpayer asks: Earlier this year, I agreed to co-sign on a loan for my adult son for a new car so that he could get to work. He made the first payment and has not made payments since. I have made all of the other payments. I have 2 questions: Since I really bought the [...]

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