Is the gas guzzler tax deductable?

lucid · 04-14-2009, 09:21 PM

Any chance it might be deductable if this is personal property under "Itemized Deductions--Other Taxes Paid"? I searched the IRS website and could not find the answer.

jlaw · 04-14-2009, 10:48 PM

Nope, not for a personal vehicle. It's a federal excise tax that is basically passed along to us.

lucid · 04-14-2009, 10:53 PM

Quote:

Originally Posted by jlaw

Nope, not for a personal vehicle. It's a federal excise tax that is basically passed along to us.

Thanks man. That's what I thought.

FStop7 · 04-15-2009, 12:33 AM

cutting it a little close, aren't we?

c0nstant · 04-15-2009, 02:15 AM

Quote:

Originally Posted by FStop7

cutting it a little close, aren't we?

lucid · 04-15-2009, 04:56 PM

Quote:

Originally Posted by FStop7

cutting it a little close, aren't we?

I made it regardless!

04-14-2009, 09:21 PM	#1
lucid Major General 395 Rep 8,022 Posts Drives: E30 M3; Expedition Join Date: Apr 2007 Location: USA iTrader: (0)	Is the gas guzzler tax deductable? Any chance it might be deductable if this is personal property under "Itemized Deductions--Other Taxes Paid"? I searched the IRS website and could not find the answer. __________________
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04-14-2009, 10:48 PM	#2
jlaw First Lieutenant 32 Rep 351 Posts Drives: F80 M3 Join Date: Aug 2007 Location: Miami, FL iTrader: (0)	Nope, not for a personal vehicle. It's a federal excise tax that is basically passed along to us.
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04-15-2009, 12:33 AM	#4
FStop7 I like cars 344 Rep 5,051 Posts Drives: M6 Join Date: Oct 2008 Location: Newbury Park, CA iTrader: (3)	cutting it a little close, aren't we? __________________ My photostream: http://www.flickr.com/photos/racelap/
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