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Can you claim excise tax on your tax return 2024?

Lily Patel | 2023-05-08 00:07:48 | page views：1927
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Benjamin Patel

Works at the International Atomic Energy Agency, Lives in Vienna, Austria.
You can't deduct most excise taxes, but some, such as Massachusetts' annual tax on cars, are akin to personal property taxes, and you can, therefore, deduct them on Schedule A. If you bought a new car in 2009, you can claim a deduction for excise tax on the purchase even if you don't itemize.
2023-05-16 00:07:48
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Noah Baker

QuesHub.com delivers expert answers and knowledge to you.
You can't deduct most excise taxes, but some, such as Massachusetts' annual tax on cars, are akin to personal property taxes, and you can, therefore, deduct them on Schedule A. If you bought a new car in 2009, you can claim a deduction for excise tax on the purchase even if you don't itemize.
Can Excise Tax Be Claimed on a Schedule A? | Chron.com
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