A reminder now that tax time is upon us: If you bought your NEW car between Feb. 17,2009 and Dec. 31,2009 you can generally deduct the sales tax. For details go to:
http://www.irs.gov/newsroom/article/...204519,00.html
You do NOT have to itemize deductions to get the credit.

link doesnt work

try this:
Sales Tax Deduction for Vehicle Purchases (http://www.irs.gov/newsroom/article/0,,id=204519,00.html)

Do you know what I should enclose with my return to get this? Thank you for posting this!

You got me there. I guess your instruction manual with your tax returns will tell you.

Go to www.irs.gov and download Publication 553 (for the details) and Publication 919 (for the worksheet) to find out how the sales/exise tax deduction works – it's basically going to increase your standard deduction amount. The limitations are: (1) your new vehicle, purchased between February 16 and December 31, 2009, must have a GVWR under 8,500 pounds (no problem for Foci); (2) you can only deduct the tax on the first $49,500 of the vehicle's purchase price (again, no prob); and (3) there is a sliding scale for your adjusted gross income that phases out the deduction if you have an AGI over $125K (single)/$250K (married filing jointly). Anybody got a problem with that one? (Then you don't really have a problem, lucky you.)

Hmmm. I bought two new vehicles in '09, but traded the '09 in on an '10, and paid the difference in sales tax for both.

Hmmm. Wonder how THAT works?

Charles

well hell too bad it can't be "new-to-me" deductibles....

Of course, anyone who saves on their taxes as a result of this thread a rep would be appreciated :)