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BMW 3-Series (E90 E92) Forum
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Car Sales Tax Deduction
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12-24-2009, 03:36 PM | #1 |
www.signettour.com
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Car Sales Tax Deduction
Hi Does anybody knows how many new cars Sales Tax can i claim from IRS if me and my wife bought 2 new cars before Dec31 2009? both cars are under our names.
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12-24-2009, 06:12 PM | #2 |
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You can claim both as long as you paid less than $49,500 per vehicle and your income is under $125,000 or $250,000 per couple. Not completely sure of the income levels though. Check www.IRS.gov. since I'm not 100% sure of the above and I'm not an accountant nor was I paying complete attention when the economic stimulus package passed.
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12-24-2009, 09:40 PM | #3 |
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yes... you can find the info on IRS.gov... i looked it up a couple months ago...
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