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Yes, purchasing a car through financing is considered a major purchase. Refer to the TurboTax article How do you define "major purchase" or "major item" for the sales tax deduction? When you live in a state that you pay sales taxes and the sales taxes that you paid are more than the state income tax that you paid, it may be more beneficial for you to use the sales taxes as the SALT deduction. The most you can deduct is $5,000 if you use Married Filing Separately (MFS) filing status. For all other filing statuses, the cap is $10,000 for the State and Local Tax (SALT) deduction.
For more information, review the TurboTax article Which deduction should I choose, state and local income tax or sales tax?
There is no such thing as a "major purchase" and I hate that Turbotax uses this terminology.
IF you are using the sales tax deduction with the standard amount method, you can add to the standard amount, sales tax paid for the purchase of a motor vehicle, airplane, or a home or major improvements to a home. Those are the only "major purchases" that count.
Yes, if you finance the car, you can still claim the entire sales tax amount in the year you bought the car. You do not spread the sales tax out over time.
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