Does paying off a vehicle count as a major item?

posted

No. Paying off a car loan is not a major purchase for the sales tax deduction.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

the sales tax on the vehicle could have been clime in the year you purchased it regardless of the fact that the purchase was financed.

I purchased my first car last year, and have a 36 month finance on it that I'm currently paying. How does this work with the Major Purchases section?

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Does paying off a vehicle count as a major item?

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Does paying off a vehicle count as a major item?

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Does paying off a vehicle count as a major item?

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Does paying off a vehicle count as a major item?

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