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Deduct sales tax on used car vs keeping standard deduction (if standard deduction is more).

I paid 800.00 in used car purchase. But is it worth entering that if my standard deductible is 6,300?

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Accepted Solutions
KenH1
New Member

Deduct sales tax on used car vs keeping standard deduction (if standard deduction is more).

If you don't have more than $6300 in total itemized deductions (mortgage interest, state taxes withheld, charity, etc), then you should skip the sales tax deduction and take the standard deduction.

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1 Reply
KenH1
New Member

Deduct sales tax on used car vs keeping standard deduction (if standard deduction is more).

If you don't have more than $6300 in total itemized deductions (mortgage interest, state taxes withheld, charity, etc), then you should skip the sales tax deduction and take the standard deduction.

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