The IRS wants you to know:
Taxpayers purchasing new cars, light trucks, motor homes or motorcycles, may qualify for a special sales and excise tax deduction on 2009 tax returns.
New autos must be purchased in 2009 and before January 1, 2010. The deduction is limited to taxes and similar fees paid on up to $49,500 of purchase price. There are income limits to qualify for the deduction.
This deduction is available even if you don't itemize!
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