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Old 12-04-2009, 10:38 AM   #1 (permalink)
Micas
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Join Date: Oct 2009
Location: D/FW
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Default Write Off Sales Tax

Just in case some of you guys might not be aware of this;

Quote:
New Car Purchases

Taxpayers who buy new car before Jan. 1, 2010, may deduct sales and excise taxes and other fees on as much as $49,500 of the purchase price. This provision has generous phase-outs: It disappears between $250,000 and $260,000 of modified adjust gross income for married couples and $125,000 and $135,000 for singles.
Those of you that bought/buy in '09 can write off the sales tax of the purchase. It's not a huge amount, but everything helps.
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