Comments on: New Car Buyer Tax Deduction In 2009 Economic Stimulus Package

By: GLO-OH

GLO-OH — Sun, 24 Jan 2010 03:42:16 +0000

Did you know you can create a GOOGLE ALERT for any news regarding the Federal Employment Extensions and send it to any email address you request? You will be alerted as it is reported.

By: » Tax Incentives Found in the American Recovery and Reinvestment Act | PT Money

Mon, 28 Sep 2009 02:44:24 +0000

[...] Certain taxpayers are eligible for federal tax deduction of the local taxes they pay on the purchase of a new car. It phases out at certain income levels, and only applies to cars under around$50k. See more at New Car Buyer Tax Deduction. [...]

By: * I Don’t Want Your Freakin’ Extended Warranty…

* I Don’t Want Your Freakin’ Extended Warranty… — Wed, 08 Apr 2009 02:05:20 +0000

[...] lower and the customer service was heavenly.And thank you to President Obama and his Stimulus Plan, the sales tax I paid on the car will be tax deductible for 2009 tax year. I am a happy camper.If you are shopping for a car, or recently bought one, let’s hear your [...]

By: anita Kiwovl

anita Kiwovl — Wed, 01 Apr 2009 17:47:53 +0000

what about new 2008 cars are they eligible?

By: Lucia in SW Iowa

Lucia in SW Iowa — Thu, 19 Mar 2009 22:59:18 +0000

Only applies if you pay USA income tax. You can buy the car in Canada.

If you only pay Canadian income tax, then this will not apply.

By: karen

karen — Sun, 15 Mar 2009 17:22:02 +0000

does this apply to cars in the us or canada?

By: karen

karen — Sun, 15 Mar 2009 17:20:34 +0000

is this in canada or only the us?

By: Four Pillars

Four Pillars — Wed, 25 Feb 2009 22:48:35 +0000

Peter – I don’t recall seeing that mentioned anywhere, but I would assume that demos are still considered new cars – you are still the first owner of it.

Mike

By: Peter

Peter — Wed, 25 Feb 2009 20:53:38 +0000

Question – i have a post about this on my blog as well and I’m getting questions about whether or not this would apply only to new vehicles, or if cars used as demos would apply as well? I’m assuming new cars only?

By: Four Pillars

Four Pillars — Wed, 25 Feb 2009 04:39:25 +0000

Pinyo – congrats! I hope it cost less than $49,500!