As to your car question:
Please
visit Cars and Other Things You Own and Sales Tax in Deductions and Credits- you may be able to deduct some items associated with the car.
- Federal Taxes
- Deductions and Credits
- Scroll down
to Cars and Other Things You Own
- Then,
scroll down further to Estimates and Other
Taxes Paid and select Sales
Tax to enter sales tax paid on the purchase.
Note: Above
deductions are part of your itemized deductions. If you don't claim mortgage
interest, real estate taxes, your car deductions will not make a difference on
your tax return.
As to your bankruptcy question:
You
won't receive a form showing a bankruptcy in itself. And in general,
bankruptcy will not have an impact on your income tax return; any debts that
are discharged in bankruptcy are excluded from income.
You may receive a form 1099-C from one of the creditors, it
will indicate a bankruptcy discharged debt. Please be sure to report
the form 1099-C and file form 982, which shows the debt was relieved in
bankruptcy (it is recommended to use the Cd/Download product of Turbo Tax if
that's the case or to contact one of your local tax professional to help you review your
situation).
