I bought a new car last week. It is an economy car, but not a hybrid. Can I use it as a tax deduction?

for your self employment?

keep in mind that driving to and from home to where you work is commuting and NOT deductible

since your work is at your home, that means that trips you make for supplies, bank, errands, maybe you drive to a place that you will be doing research for your writing, is probable deductible on Sch C

a contemporary log of your business miles will be needed

you have either of two ways to claim, the % you can document is for business, actual expenses, including depreciation,

or

mileage method which covers everything except tolls and parking fees

No.

The entire cost of buying a car for personal use cannot be deducted under any circumstances.

In some cases, part of the cost of a car is deductible, if you use the car for work. However, since your work does not involve any driving, you cannot deduct any of the cost of the car.

You may be able to deduct the sales tax that you paid when you bought the car.

If you use the car for charity or to get medical care, then you pay deduct gas, oil, parking, and tolls, or deduct 10-15 cents per mile (the amount varies from year to year) plus parking and tolls (but not gas and oil). In either case, you can't deduct the cost of the car.

So far no.

There's no sales tax deduction unless congress changes something.

The hybrid credit has expired.

You work from home, so you don't appear to have any business miles you can claim.

The car itself is not a tax deduction.

If you are self-employed and you drive your vehicle in connection with your self-employment, deduct mileage of 55.5 cents per business mile on your Schedule C.