Yes, you may be able to deduct property tax, registration fees and sales tax on the purchase.
- Federal Taxes
- Deductions and Credits
- Scroll down
to Cars and Other Things You Own - go through Car registration fees and Personal Property tax
- Then,
scroll down further to Estimates and Other
Taxes Paid and select Sales
Tax to enter sales tax paid on the purchase.
Note: Above
deductions are part of your itemized deductions. If you don't claim mortgage
interest, real estate taxes, your car deductions will not make a difference on
your tax return.
