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Question by aviators99: How do you calculate the sales tax deduction on leased vehicles?
The IRS publications just say you can deduct “sales tax paid on leased vehicles,” but doesn’t say how to calculate that. Does that mean to take the sum of the sales tax on all of the payments for the tax year, or figure out the sales tax on the amount that used used for calculating the lease? If the former, does that mean you can do it every year, or only the year in which you leased the vehicle?

Best answer:

Answer by emeraldsky21
I’m not sure how they compute sales tax on leased vehicles, you should contact the place you are leasing it from and figure that out. If you paid a lump sum sales tax when you first leased the car that thats the only deduction you can take, but if they compute sales tax on each lease payment than you can deduct each months payment towards the sales tax in the year paid.

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Don’t know why people are so against scooters. If I were going to do the mountain roads for days on end…..I’d choose my scooter over my Ninja any day.

Ex military heavies taking part in a fun trial on Slab Common
Video Rating: 4 / 5

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Question by Balrog: Why do school buses and transportation vehicles have to stop at a train track?
I dont understand why school buses and transportation vehicles have to stop at train tracks when there is no flashing lights or the gate isnt lowered. How many times has a train ever passed through a railroad crossing without indicating that it is going to do so? I just dont really understand why they do that.
I have to say this now that i have read your posts and that is if SAFETY is a priority among transportation vehicles and school buses then why doesnt everyone stop and listen for trains? Shouldnt we all be doing that?

Best answer:

Answer by bajinay
They’re required to actually open the doors and listen for an oncoming train. people think its over protective but i’m a commuter and i ride the train to LA every day. many times my train has stopped because of faulty signals and the conductor had to get off the train and manually make it work. also, we’ve hit cars before (not because of faulty train signals) but some people think they can beat the train. i think its a necessary precaution.

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by Mr. T in DC

Question by tuffnugly: What is PA state limit on the amount of vehicles you can buy/sell without a dealers license?
I’ve sold two already and I can’t find anything on the maximum amount of vehicles you can buy/sell without a vehicle dealers license. Thanks for your help.

Best answer:

Answer by jeepsarecool
3000

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