Sales tax for a car bought in 2021 can be used on itemized deductions if you have more expenses than the standard deduction.
The standard deduction for 2021 is:
- The standard deduction for married couples filing jointly for tax year 2021 rises to $25,100, up $300 from the prior year.
- For single taxpayers and married individuals filing separately, the standard deduction rises to $12,550 for 2021, up $150, and
- For heads of households, the standard deduction will be $18,800 for tax year 2021, up $150.
Taxpayers who are at least 65 years old or blind can claim an additional 2021 standard deduction of $1,350 ($1,700 if using the single or head of household filing status). For anyone who is both 65 and blind, the additional deduction amount is double. You're considered to be 65 on the day before your 65th birthday.
@iwantmoney
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