Can you deduct the sales tax paid if you leased a new car in 2009?
Terry
Terry, if you’re referring to the new car sales tax deduction, leases are specifically excluded. Sorry.
Larry Kopsa CPA
Kopsa Otte CPAs & Advisors have been involved in Income Tax Planning, Estate Planning & Succession Planning for over 30 years. For more information about Kopsa Otte services, please contact us via e-mail at lkopsa@kopsaotte.com or call 800-975-4829.