new car buying in 09 income tax thingy

Originally Posted by antman22 from what i've read, i think they allow you to deduct the tax paid from your taxable income so you are taxed on less, which would

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new car buying in 09 income tax thingy

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02-09-2010, 01:37 PM

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OldGuy

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Quote:

Originally Posted by antman22

from what i've read, i think they allow you to deduct the tax paid from your taxable income so you are taxed on less, which would yield you a better return. unfortunately they dont pay you the sales tax back

some is better than none i guess.

Right. The energy efficiency home improvements create a tax credit. This is only an income tax deduction for the amount of the sales tax paid.

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