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randyla
New Member

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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DDollar
New Member

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

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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2 Replies
DDollar
New Member

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

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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kmooiman12887
New Member

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

where do you enter this deduction?
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