Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
jlawson524
New Member

I purchased a new auto in 2016. I was told I could claim the sales tax for this purchase on my tax return. If so I would need to amend my 2016 return.

 
1 Reply
Phillip1
New Member

I purchased a new auto in 2016. I was told I could claim the sales tax for this purchase on my tax return. If so I would need to amend my 2016 return.

If your 2016 return has been filed and accepted, you would need to amend your 2016 return before you can claim the sales tax deduction.

Although the sales tax from your car purchase is a deductible expense, but you must choose to deduct either your state income taxes from 2016 (any income tax amount paid from your 2015 state tax return and the state and local tax withheld in 2016) or the sales tax from the car plus a standard sales tax deduction allowed by the IRS.

The IRS has a sales tax deduction calculator that can be helpful in determining which deduction is the most beneficial.

IRS Sales Tax Deduction Calculator

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.61m
Discussions

Manage cookies
v