I purchased a vehicle August 2024. Where do I add this information?

Can I claim the interest on this vehicle purchase. 2022 Nissan Altima

posted

No, not unless the vehicle is used as a business asset, (used for a business you own)

Additionally, you could add the purchase in the Sales Tax section. This would only benefit you if you

1. Itemize Deductions rather than take the Standard deduction

2. Your sales tax paid in 2024 is larger than your state income tax paid

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.