I paid a lot of sales taxes on theses new cars.
I don’t know if I can deduct theses taxes from the taxes I have to pay in New Jersey ??
Thank you
If you are not itemizing your deductions , no you could not.
If you are itemizing your deductions on Schedule A, rather than taking the standard deduction, then yes. Do you have any other itemized deductions, real estate property taxes, mortgage interest, medical expenses that exceed 7.5%of your Adjusted Gross income? Compare what you have in itemized deductions to what the standard deduction is for your filing status. Use the figure that is going to allow you to subtract the most from your income.
If you have any questions call the Internal Revenue Service at
1-800-829-1040