Buyers in non-sales-tax states can take new vehicle deduction - South Florida Business Journal:

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The economic stimulus bill allowsz taxpayers who buy a new vehicle in 2009 to deducyt state and local sales taxes or excise taxes paid on the purchas from theirtaxable income. The announced June 10 that it will alloa taxpayers who live in statesthat don’yt have a sales tax to deduct other taxes or fees imposed by statee and local governments on the purchase. To the taxes or fees must be basee onthe vehicle’s sales price or as a per unit fee. “This means that more people can take advantag e of this deduction when they file their tax returns next said IRS CommissionerDoug Shulman. New vehiclesw purchased after Feb. 16, 2009, and before Jan.
1, are eligible for this tax break. The deductio n is limited to fees or taxes paid on as muchas $49,500p of the price of a new car, light truck, motor home or motorcycle. The amounyt of the deduction phasesd outfor higher-income taxpayers. For more see .