IRS reminds taxpayers about deductions for buying new vehicle

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The Internal Revenue Service is reminding taxpayers that purchasing a new car, light truck, motor home or motorcycle could qualify them for a deduction for the state and local sales and excise taxes on their 2009 returns.  New vehicle purchases made between Feb. 16, 2009, and Jan. 1, 2010, qualify for the deduction under the American Recovery and Reinvestment Act.  For limits and more information, go to www.irs.gov

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This page contains a single entry by Matt Wrye published on October 19, 2009 9:09 AM.

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