PattiF
Expert Alumni

Deductions & credits

No, the purchase of a boat would not be entered under personal property taxes since this is not a yearly expense.

 

The sales tax that you paid on the boat can be entered on Schedule A. TurboTax will decide which of the two is more beneficial: the sales tax deduction or the state and local tax deduction.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"