GRAVETTE Dear Editor,
The Gravette Upper Elementary is proud to announce that 97% of our students’ parents were contacted during the fall parent-teacher conference.
If you buy a new vehicle this year there’s a special federal tax deduction available that can help you save money, in some cases hundreds of dollars. This tax break will allow people who buy a new vehicle in 2009 to deduct the sales and excise taxes they pay when they file their tax return next year. The tax deduction is available on the 2009 federal tax return even for those who claim the
The staff would like to thank all parents who made this day such a success!
Working together, we can continue to ensure all our students have success.
Gravette Upper Elementary standard deduction.
Most new cars and many new trucks will qualify.
New motor homes qualify regardless of weight.
Buyers are entitled to a partial deduction if they earn between $125,000 and $135,000 ($250,000 and $260,000 for joint filers).
The deduction is eliminated for those who earn over these amounts.
Terry L. Lemons, IRS
Dir. of Communications
News, Pages 4 on 10/14/2009
Print Headline: Gravette Letters To The Editor