I live in Nevada and purchased a car last year. I am itemizing my deductions. Am I still allowed to deduct the taxes I paid even though I took a loan to get my car?

394

1 Best answer

Level 13

Jun 5, 2019 3:22:28 PM

Yes, you don't have to buy a car with cash to be able to deduct the sales taxes charged.

Tom Young

Level 13

Jun 5, 2019 3:22:28 PM

Yes, you don't have to buy a car with cash to be able to deduct the sales taxes charged.

Tom Young