I bought a new car in 2017. Should I use the number on my new car's itemized list of amounts financed for sales tax deduction?
On the bill of sale, it shows the itemized list of amounts financed. I see sales tax here, is the amount I should enter into Turbotax for "Sales tax paid?"
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1 Best answer
CathiM
New Member
Jun 6, 2019 4:07:20 AM
Yes, you can use the sales tax amount from the purchase/finance agreement for the sales tax deduction!
1 Replies
CathiM
New Member
Jun 6, 2019 4:07:20 AM
Yes, you can use the sales tax amount from the purchase/finance agreement for the sales tax deduction!