2009 tax question.

Originally Posted by JonnieN Did anybody on here filed their tax yet? Im just wondering how much are we getting back for the Z? I bought my for $37650 plus

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2009 tax question.

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02-16-2010, 08:30 PM

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OldGuy

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Quote:

Originally Posted by JonnieN

Did anybody on here filed their tax yet? Im just wondering how much are we getting back for the Z? I bought my for $37650 plus about 3K for NY state tax.

If the car was purchased in calendar 2009, the sales tax is a deduction from your taxable income for 2009 Federal income tax purposes.
Check with your tax preparer regarding the details and your particular situation. Note: This is not a tax credit, merely a deduction.

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