You'll need to sign in or create an account to connect with an expert.
You can deduct sales tax and property tax on the motorcycle.
However, both deductions are part of your itemized deductions. If you are not itemizing, the deductions may not make a difference on your tax return. Also, when you itemize, you are deducting sales tax or state income tax; again, your state income tax (withheld,paid) may be much larger than your sale tax, in which case, the deductions will not impact your tax return.
You can deduct sales tax and property tax on the motorcycle.
However, both deductions are part of your itemized deductions. If you are not itemizing, the deductions may not make a difference on your tax return. Also, when you itemize, you are deducting sales tax or state income tax; again, your state income tax (withheld,paid) may be much larger than your sale tax, in which case, the deductions will not impact your tax return.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jeremy-trombley
New Member
Fufwat-nehxow-cegqa7
New Member
miamipoker
Returning Member
tim191919
New Member
dstek
New Member