Can you claim anything when you buy a new car

chevorlet16 — Mon, 03 Jun 2019 17:42:19 GMT

If you don't have a state income tax or elect to take the...

VolvoGirl — Mon, 03 Jun 2019 17:42:20 GMT

If you don't have a state income tax or elect to take the sales tax deduction instead of the state income tax deduction, you can add the new or used car sales tax paid (even if you financed it) to the amount of the sales tax from the IRS table to get your deduction. It goes under

Federal Taxes (or Personal for H&B version)
Deductions and Credits
Choose Jump to Full List -or I'll choose what I work on
Then scroll way down to Estimates and Other Taxes Paid
Sales Tax - click the Start or Update button

You might see a screen saying Let's compare your sales tax and income tax
Choose Try Sales Tax Deduction Anyway
Then click on EasyGuide
Enter your State and then your rate
Then on Did you buy any Major Purchases answer YES
You should get a screen with boxes to enter the item

topic Can you claim anything when you buy a new car in Deductions & credits

Can you claim anything when you buy a new car

If you don't have a state income tax or elect to take the...