Can we deduct the sales tax on a car in addition to the schedule allowance? Just curious?
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Sales Tax/Itemized Deduction. Sales Tax on Auto Deductible In Addition to Schedule?
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From TTB page 4-8:
2) Instead of actual taxes paid, use the amount from the optional
state sales tax tables in Tab 16. Add to this amount:
• Local general sales taxes if imposed by the taxpayer’s locality.
• Sales taxes paid on motor vehicles as described, above.
• Sales taxes paid on aircraft, boats, homes (including mobile
and prefabricated homes), and materials used to build a
home, but only if the tax is imposed at the general sales tax
rate. (Notice 2005-31).
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