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Does purchasing a toyota rav4 Hybrid give you a deduction

Also I originally said I didn't purchase a vehicle but I did and I can't find how to go back to that spot
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Accepted Solutions
MargaretL
Expert Alumni

Does purchasing a toyota rav4 Hybrid give you a deduction

You may deduct sales tax and property tax on the purchase; Toyota Rav4 2016 doesn't qualify for the energy efficient tax credits, though.

The property taxes on your car are deductible as follows:

  1. Federal Taxes
  2. Deductions Credits
  3. Car and Other Things You Own
  4. Personal Property Taxes

The sales tax paid on the purchase data entry:

  1. Federal Taxes 
  2. Deductions and Credits
  3. Scroll down to Estimates and Other Taxes Paid, select sales tax

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1 Reply
MargaretL
Expert Alumni

Does purchasing a toyota rav4 Hybrid give you a deduction

You may deduct sales tax and property tax on the purchase; Toyota Rav4 2016 doesn't qualify for the energy efficient tax credits, though.

The property taxes on your car are deductible as follows:

  1. Federal Taxes
  2. Deductions Credits
  3. Car and Other Things You Own
  4. Personal Property Taxes

The sales tax paid on the purchase data entry:

  1. Federal Taxes 
  2. Deductions and Credits
  3. Scroll down to Estimates and Other Taxes Paid, select sales tax
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