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Old 02-16-2010, 08:30 PM   #2 (permalink)
OldGuy
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Join Date: Dec 2009
Location: Greensburg PA
Posts: 899
Drives: '09370Z Red Base A7
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Quote:
Originally Posted by JonnieN View Post
Did anybody on here filed their tax yet? Im just wondering how much are we getting back for the Z? I bought my for $37650 plus about 3K for NY state tax.
If the car was purchased in calendar 2009, the sales tax is a deduction from your taxable income for 2009 Federal income tax purposes.
Check with your tax preparer regarding the details and your particular situation. Note: This is not a tax credit, merely a deduction.
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