Can you claim sales tax on your taxes?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Yes, you can claim state and local sales taxes on your return. But in order to do so you must itemize deductions and you must not claim state and local income taxes. You're allowed to claim either state and local income taxes or state and local sales taxes, but not both.

If you do claim the sales tax deduction, you can either claim the amount you actually paid (based on receipts) or the amount given to you by the IRS's Sales Tax Deduction Calculator.

For a more detailed explanation of the state and local sales tax deduction, please see Deducting State Sales Tax.
1 person found this useful

What kind of tax is a sales tax?

It is an indirect tax. It is a tax levied on the sale of goods and merchandise. In many countries tax on sale of goods and tax on services is integrated into one tax called

What type of taxes is a sales tax?

Study island: It is a regressive tax. Citizens of a country are charged certain levies indirectly, commonly known as indirect taxes. These are the taxes payable on an activi

What type of tax is a sales tax?

The sales tax is an indirect tax , because it is collected by the seller and then paid to the government. (The labeling of the sales tax as "regressive" means that it is see

What type of tax is a sale tax?

Citizens of a country are charged certain levies indirectly, commonly known as indirect taxes . These are the taxes payable on an activity or a commodity. Some common exa

Does sales tax tax?

Sales tax is a tax on consumption, levied on goods and services at the point of purchase. They are typically figured as a percentage on the price of the item in question, but

What kind tax is a sales tax?

A sales tax is a consumption or usage tax. It is also considered a regressive tax. As people earn a greater amount of money, they use less of their money on items from stores.

Who can you claim on taxes?

You can often times deduct the cost of hiring a tax professional to do your taxes in the following year. Given the generic nature of your question, I'd strongly suggest doing

Can you claim post tax on your taxes?

I guess it depends;for instance, the traditional IRA is a retirement savings plan where contributions may be tax deductible and the values can grow tax deferred until withdraw

What is the sales tax if the tax is 70cents?

I am NOT sure what your question is.I guess it varies from state to state; sales taxes are imposed only on taxable transfers of property or services. The tax is computed as

What type of of tax is sales tax?

It depends how you look at it. I believe its considered regressive based on income... Assumeeveryone spends the same amount of money on taxable goods... A poorperson would