I bought a car in 2008 but rent my home. Can I still deduct the car's sales tax on my taxes?
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I bought a car in 2008 but rent my home. Can I still deduct the car's sales tax on my taxes?
Probably not, as the sales tax is an itemized deduction, and, without a home mortgage, most people cannot accumulate enough itemized deductions to exceed their $5,450 standard deduction.
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