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NEW CAR CREDIT


Sbrock

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I have a client who purchased a new auto in 2008 and was told that she would be given a tax credit... the auto that she purchased is NOT a hybrid. Are there other credits available for 2008 for purchasing a new car? Thanks, Susan

Not unless they are referring to the option to claim sales taxes paid instead of income taxes withheld on Schedule A...sales taxes on an auto may be significant for taxpayer to benefit from this option.

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