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My car that I used for my business was repossessed. Can I claim this on my taxes?
12th February 2011
For tax preparation purpose. How do I get credit for a car that was repossessed?
must there be taxes paid on a car you just brought from an auto auction?
21st September 2010
How much tax do I have to pay on a used car?
24th August 2010
I am planning to buy a used car, can anyone tell me how much tax I will have to pay on it? I know that if it is bought from a private seller, there won’t be any taxes, but if I buy it from a car dealership, will I have to pay GST + PST, or just one of them?
I’m in Manitoba, Canada
Can a car repossession affect my taxes?
6th August 2010
I got my car repossessed last May, (I was making payments, just not full payments) and I was just wondering if it will affect my taxes this year or if there is anything I need to do. I tried to research on the internet, but found nothing.
Thanks.
Is interest paid on a used car loan tax deductable?
21st June 2010
I bought a used car in 2008 and have not been putting the interest I’ve paid on the car loan on my taxes. Can I put the paid interest as a deduction? I live in Wisconsin if that matters.