I bought a new car in August, I have a sales tax and I have a taxes (Is this property taxes), tags and title fee. Is any of this deductable and ho do I find out how much is for which parts?
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I bought a new car in August, I have a sales tax and I have a taxes (Is this property taxes), tags and title fee. Is any of this deductable and ho do I find out how much is for which parts?
The sales tax is not deductable but if you pay a personal property tax, it is.
They should be separated on the statement from your county accessor.
Yes, both the property tax and sales tax MAY be deductible, but only if you ITEMIZE, which most people do NOT.
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