topic I paid New York State sales tax for my business vehicle lease. Do I enter sales tax for deduction??? in Investors & landlords

I paid New York State sales tax for my business vehicle lease. Do I enter sales tax for deduction???

Dannyapp — Tue, 10 Feb 2026 10:45:12 GMT

Hi,

I paid New York State sales tax for my business vehicle lease. Do I enter sales tax for deduction???

Re: I paid New York State sales tax for my business vehicle lease. Do I enter sales tax for deduc...

DianeW777 — Mon, 26 Feb 2024 15:03:05 GMT

No, if you have chosen to use the standard mileage rate. And No, if you are using actual expenses with the business use percentage of lease payments. Sales tax is considered part of the purchase of the car lease or car ownership.

If you choose to use the standard mileage rate, you can use the business percentage of any personal property taxes that were paid.

For leased vehicles you can use the standard mileage rate if you choose, but it must be used for the life of the vehicle AND the selection must be in the first year.

IRS FAQ for Leased Vehicles

Re: I paid New York State sales tax for my business vehicle lease. Do I enter sales tax for deduc...

Dannyapp — Mon, 26 Feb 2024 15:34:20 GMT

Thank you for the explanation. Appreciated!!