• Home
  • About
  • Contact Us
  • Privacy Policy
  • eFile FAQs
  • Compare Tax
  • Disclosure
File Your Taxes Now.com
The latest IRS tax changes and tax news with a focus on earned income credit and free tax filing.
Featured online Tax Service
  • Earned Income Credit
  • Student Tax Tips
  • Tax Credits
  • Tax Deductions
  • RSS
  • Email
Browse: Home / new vehicle tax break

new vehicle tax break

Special Tax Break on New Car Purchases Available in States With No Sales Tax

Special Tax Break on New Car Purchases Available in States With No Sales Tax

By Admin on June 10, 2009

Under the American Recovery and Reinvestment Act of 2009, taxpayers who buy a new motor vehicle this year are entitled to deduct state or local sales or excise taxes paid on the purchase. The IRS and Treasury have determined that purchases made in states without a sales tax – such as Alaska, Delaware, Hawaii, Montana, New Hampshire and Oregon – can also qualify for the deduction.

Posted in Tax Deductions, Tax News | Tagged American Recovery and Reinvestment Act, new vehicle tax break, tax break

Recommended Tax Services

Do your taxes for FREE with TurboTax Online Federal Free Edition. Start Now.
TurboTax - Choose Easy
  • Logo
  • #1 Identity Theft Protection

    Subscribe: New Post Notification

    Your email:

     

    Recent Articles

    • Chile Earthquake Designated as a Qualified Disaster
    • Real Estate Taxes: Additional Standard Deductions
    • 10 Facts About the Child and Dependent Care Credit
    • Claiming the Child Tax Credit 10 Quick Facts
    • First-Time Homebuyer Credit Documentation Requirements
    • Tax Credit Helps Pay for Higher Education Expenses
    • Seven Things You Need to Know About the Government Retiree Credit

    Translator

    Connect With Us:

    • Subscribe RSS RSS via email Subscribe Facebook Subscribe Twitter

    Tax Categories

    • Earned Income Credit
    • eFile FAQs
    • Student Tax Tips
    • Tax Credits
    • Tax Deductions
    • Tax Forms
    • Tax News
    • Tax Tips
    • Tax Tools

    Where’s my refund?

    • Where's my refund?

    Disclosure: Compensated Affiliate

    Copyright © 2010 File Your Taxes Now.com Powered By: WordPress and Hybrid
    Finance Blogs