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Get your taxes done using TurboTax
As fanfare said earlier, excess sales tax is lost if you're already reporting more than $10,000 for the SALT deduction.
However, if you paid sales tax as part of the renovation, your receipt should have that tax broken out as a separate line item. In most cases, only the materials are subject to sales tax. But you need proof if you report the tax on your return.
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March 30, 2023
5:33 AM