New Car Tax Breaks

Andreea12 — Tue, 24 Feb 2026 06:40:37 GMT

Are there any tax breaks for purchasing a new car? It's not electric. If so, what form do I use or how do I navigate to that in TT? Thanks!

Re: New Car Tax Breaks

KatherineS63 — Wed, 28 Jun 2023 17:27:07 GMT

Hello,

The only way that you might get a 'tax break' on a purchase of a new car would be if you were self employed.

or if you want to claim the sales tax paid for that vehicle, you could do that too.

Otherwise, I am not aware of any tax credits. The EV credit is the way to go at the present time but only if you buy and EV.

Hope you are having a wonderful day!!