Ask Experts Questions for FREE Help !
Ask
    nsure2's Avatar
    nsure2 Posts: 5, Reputation: 1
    New Member
     
    #1

    Feb 26, 2009, 02:24 PM
    OPT, Bought a car in 2008 dec and started payment 2009
    OPT, Bought a car in 2008 dec and started payment 2009.Do I qualify for any exceptions??
    nsure2's Avatar
    nsure2 Posts: 5, Reputation: 1
    New Member
     
    #2

    Feb 26, 2009, 02:25 PM
    I mean I am on OPT VIsa and I will be filing 1040ER...
    nsure2's Avatar
    nsure2 Posts: 5, Reputation: 1
    New Member
     
    #3

    Feb 26, 2009, 02:25 PM
    I mean I am on OPT VIsa and I will be filing 1040ER... Do I get any exemption for purchasing a car in 2008?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Apr 23, 2009, 12:57 PM
    A car purchase is NOT deductible in any way in 2008, regardless of how you file.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

International Law Regarding Euthanasia (2008-2009) [ 2 Answers ]

I am currently writing a research paper about Euthanasia. I need to include the legal status of euthanasia worldwide. Unfortunately, I cannot seem to find an updated (2008-2009) or accurate article to provide me with this information. If anyone can find an article that provides this...

F1 status, got married in Dec 2008, Wife came with me in jan 2009 [ 2 Answers ]

Hi I am in US on F1 student visa from the last 3 years. I went to india in November and got married in December 2008. Then I came back along with my wife in jan 2009. Now I am planning ti file tax return for 2008. I have few questions. 1. Can I claim benefit for my wife and file as MFJ. As...

Bought house in Jun, 2008, withdraw 401k in 2009 [ 1 Answers ]

I bought a house in Texas in June, 2008. I have a 401k and want to withdraw $4500 without early withdrawl penalty, But due to address change, my withdrawl will occur in Jan, 2009. Can I still apply for early distribution penalty exemption in 2009 tax calendar year for a house bought in 2008? ...

Income Tax in USA for 2008 - 2009 [ 6 Answers ]

Hi I'm a resident of India and will be immigrating to Ohio - USA in Jan 2008 with my wife(dependent). I'll be travelling on H1B visa with annual salary of $60,000. Could you please let me know the approximate tax that I will have to pay yearly? I've heard that one has to pay 30% flat tax in...


View more questions Search