Sales Tax Multiple Vehicles

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  • Skeemo
    Member
    • Nov 2005
    • 39
    #1

    Sales Tax Multiple Vehicles

    Taxpayer bought 2 new vehicles after Feb 17th - One $27,000, other $24,000. Can the amounts be combined up to the $49500 figure?
    Tags: None
    • BP.
      Senior Member
      • Oct 2005
      • 1750
      #2
      http://www.irs.gov/pub/irs-pdf/f1040sl.pdf

      See Sched L- line 12- purchase limit applies to each vehicle separately. My software allowed a worksheet for each vehicle- no need to combine.

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