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Vehicle sales tax deduction


jrollo

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Client and son purchased a new vehicle together. Vehicle is titled in both of their names. The client is solely responsible for the loan on the vehicle. It should be noted that the son is an adult and will file his own return.

My question is this: who may take the sales tax deduction?

Thank you,

Jeff

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Client and son purchased a new vehicle together. Vehicle is titled in both of their names. The client is solely responsible for the loan on the vehicle. It should be noted that the son is an adult and will file his own return.

My question is this: who may take the sales tax deduction?

Thank you,

Jeff

If the registration is under both names, whoever paid for the taxes should take the extra deduction.

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