I itemize my deductions.
I leased a new vehicle in July 2017. My monthly payment includes sales tax of $24.53 (total of $149.58 for July - Dec). Is this all I can deduct, or can I deduct the sales tax for the entire 36 month term of the lease?
Also, there was a sales tax charged on the capitalized cost reduction (two separate sales tax charges of $182.24 and $30.37). Are these deductible too?
I have attached a picture of the lease charges if someone can make sense of them for this issue. Thank you.
