I bought and financed a car in Texas, Dec2015. I paid it off in Feb 2016. Can I claim most of the sales tax in 2016?

an answer to [remove] would be appreciated. Thanks

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It's the purchase that triggered the sales taxes, not the payoff of the loan. The sales tax deduction is a 2015 event.

Tom Young

2 Replies

It's the purchase that triggered the sales taxes, not the payoff of the loan. The sales tax deduction is a 2015 event.

Tom Young

You can amend 2015 if you wish.

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