is there any deductions for the purchase of a new vehicle for personal use? just a regular vehicle that does not meet any of the energy requirements, like a toyota camry which is ot hybrid. i know the old deduction has expired.
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Originally posted by ardi600 View Postis there any deductions for the purchase of a new vehicle for personal use? just a regular vehicle that does not meet any of the energy requirements, like a toyota camry which is ot hybrid. i know the old deduction has expired.ChEAr$,
Harlan Lunsford, EA n LA
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Originally posted by JDSTAX View PostI THOUGHT THE ABILITY TO ADD SALES TAX ON A CAR TO THE SALES TAX TABLE ENDED IN 2010-SEE PG 4-9 IN THE TAXBOOKMichael
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Yes- I See
Originally posted by BP. View PostKBTS has it right. Check paragraph #1 just above the TTB paragraph you referenced. Adding to sales tax table is still ok.
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Originally posted by MilTaxEA View PostYou are probably thinking about adding the sales tax to the standard deduction. This was discontinued in 2010, but you can still add the sales tax to your table lookup on Schedule A.
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