Sales Tax Deduction Vehicle Purchases
February 25th, 2010Question: what can I itemize on my tax return?
I spent over 20,000 in home improvements. Things like a new pellet stove, new floors, new window treatments, paint, new sliding glass doors, new deck, all work was done ourselves. We purchased a new car but not one of the alternate fuel vehicles (2008 ford focus) can I use the tax payed on the car purchase? What else can I use as an itemized deduction? I know for sure I can use my real estate taxes and my mortgage interest, but what about my school taxes? hot water heater? refrigerator? gas (not for work) gas (for work travel out of state)?park pass? sales tax on food, clothing, home cleaners…? and last,if my husband gets a per-Diem in his check can he use his work expenses as write offs (hotel rooms, clothes, gas, food)?
I thank you so so much if any one can help with this.
Answer: You can only claim a insulation deduction (new windows, weather striping, storm doors) up to $1000. You can’t claim the tax on the car you purchased.
I would say you need to talk to an accountant because you don’t want to claim something wrong and the IRS audit you and charge you interest and penalties for stuff done wrong.
Items on Amazon Right Now for Sales Tax Deduction Vehicle Purchases:
Tax Tip — Nine facts about the New Vehicle and Excise Tax Deduction
Here are nine important facts the IRS wants you to know about the new vehicle and excise tax deduction
2010 Tesla Roadster UK-Version
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