Is car sales tax deductible for 2012?


unless congress extends election deduct either sales tax or state income tax not able deduct in 2012. stated earlier need itemize , have higher sales taxes paid income taxes can happen result of major asset purchases during year have. allowed use sales tax table instead of actual taxes paid compute amount of deduction , add taxes paid on large single purchases such 1,500 paid car.

my wife had 2010 hyundai elantra wrecked on october 22. car totaled had replace 2013 hyundai elantra. paid around $1500 in sales tax. need know tax deductible 2012 federal taxes?


Business & Finance Taxes Other - Taxes Next



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