Did You Buy A New Motorcycle in 2009?
The American Motorcyclist Association (AMA) is reminding riders that they may be eligible for a federal tax deduction on their 2009 taxes if they bought a new motorcycle last year. The American Recovery and Reinvestment Act a landmark $787 billion economic stimulus package that President Barack Obama signed into law in February 2009 provides a deduction for state and local sales and excise taxes paid on the purchase of qualified new vehicles from Feb. 17 through Dec. 31, 2009.
Did You Buy A New Motorcycle in 2009?