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Get your taxes done using TurboTax
Hello Ebachy!
Yes, there is a way to manually enter a different amount of sales tax.
Here are a few things to keep in mind about the potential sales tax deduction and how you could potentially make an adjustment to the amount:
- You have a choice between deducting state/local income taxes or state/local sales taxes - you cannot deduct both.
- -You can only claim these deductions if you are itemizing deductions on your tax return, not if you take the standard deduction.
- To deduct sales tax, you can either total your receipts for purchases made during the year or use the IRS sales tax tables based on your location and income level.
- If using the IRS tables, you can add any sales taxes paid for major purchases like a vehicle, boat, plane, etc. to the amount from the given tables.
- For 2018-2025, there is a $10,000 cap on the total deduction for all state and local taxes (including income, sales, real estate, etc. Any amount over $10,000 cannot be deducted.
For more information on this topic, please see:
Please feel free to reach backout with any additional questions or concerns you might have!
Have an amazing rest of your day!
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Terri Lynn
October 30, 2024
5:05 PM