- Days left

Ask the Dolans: How do tax credits for new car buyers work?

Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

Click here to ask Ken and Daria your question.

Chrysler is bankrupt and GM is close behind. Once a symbol of American ingenuity and determination, the auto industry is in tatters thanks to plunging sales. As part of its efforts to save American automakers, the Obama administration has introduced some new tax credits to entice new car buyers into the market. Get the low down on how they work from Ken and Daria Dolan of Dolans.com.

Dear Ken and Daria,

I've heard about new tax incentives being offered if you buy a new car. How do they work and who qualifies?

--Marie




There are a slew of new tax breaks that you need to know about! Learn about all the new tax rules that can save you money at Dolans.com.

Increase your money and finance knowledge from home

Building Credit from Scratch

Start building credit...now.

View Course »

How much house can I afford

Home buying 101, evaluating one of your most important financial decisions.

View Course »

TurboTax Articles

Rental Property Deductions You Can Take at Tax Time

Rental property often offers larger deductions and tax benefits than most investments. Many of these are overlooked by landlords at tax time. This can make a difference in making a profit or losing money on your real estate venture. If you own a rental property, the IRS allows you to deduct expenses you pay for the upkeep and maintenance of the property, conserving and managing the property, and other expenses deemed necessary and associated with property rental.

Add a Comment

*0 / 3000 Character Maximum