Motorcycle deduction

H

Hugebear

LIFETIME SPONSOR

Feb 18, 2000

96

0

• Mar 8, 2009

• #1

Has anyone read anything definitive regarding the proposed deduction for purchasing a new motorcycle? I know you can deduct a new car as part of the stimulus package, and I know there was talk of extending that to bikes, but I haven't seen anything definitive. The AMA's website has some info about the proposal, but not if it was a done deal.

Could help justify that new orange bike I have my eye on... :ride:

 

E

ericz103

Member

Aug 18, 2006

120

0

• Mar 9, 2009

• #2

stimulus smimulus

 

IndyMX

Crash Test Dummy

~SPONSOR~

Jul 18, 2006

5,548

2

Amo, IN

• Mar 9, 2009

• #3

ericz103 said:

stimulus smimulus

Click to expand...

I don't feel very stimulated..




Errr.. oh, sorry, wrong forum. :ugg:

 

oldguy

Always Broken

Dec 26, 1999

9,411

0

• Mar 9, 2009

• #4

here is what I saw about it but gotta admit I still have not read it

http://www.google.com/hostednews/ap/article/ALeqM5hUGeQNBGTAcFYETxGql5y4ZLfbQwD96AUO1G0

 

splatt

Resident mental case

~SPONSOR~

Dec 1, 2001

908

16

• Mar 9, 2009

• #5

IndyMX said:

I don't feel very stimulated..

Click to expand...

Raped maybe? :whoa:

Steve

 

H

Hugebear

LIFETIME SPONSOR

Feb 18, 2000

96

0

• Mar 9, 2009

• Thread starter
• #6

Okay, met with my accountant tonight, (and raped is an understatement....). The word is that if you buy a new bike the sales tax is deductible, not the bike itself. I'm not sure if that's going to help me. :bang: