Solved: Can I deduct MA excise tax paid for my vehicle if it is leased?

Can I deduct MA excise tax paid for my vehicle if it is leased?

If not allowed to deduct the tax, what is the difference between leasing and buying a vehicle? I am still paying the tax, not the leasing company.

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In Massachusetts, you can deduct the Motor Vehicle Excise Tax you paid on your vehicles. This would apply whether you own or lease. They are just different ways of financing.

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In Massachusetts, you can deduct the Motor Vehicle Excise Tax you paid on your vehicles. This would apply whether you own or lease. They are just different ways of financing.