Can I use the purchase of a new vehicle as a deduction for 2018 taxes

riley01414- · ‎June 1, 2019

I live in Georgia

Vanessa · ‎June 1, 2019

You can deduct the sales tax paid if you are itemizing your return.

If it is a vehicle used for self-employment, you deduct the business use portion of interest on your business return.

Otherwise, there is no tax benefit to purchasing a new vehicle.

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Vanessa · ‎June 1, 2019

You can deduct the sales tax paid if you are itemizing your return.

If it is a vehicle used for self-employment, you deduct the business use portion of interest on your business return.

Otherwise, there is no tax benefit to purchasing a new vehicle.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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