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Deductions & credits
The Internal Revenue Service (IRS) permits you to write off either your state and local income tax or sales taxes when itemizing your deductions.
The Sales Tax Deduction Calculator helps you figure the amount of state and local general sales tax you can claim when you itemize deductions on Schedule A
To report sales tax:
- Open your Federal return.
- Go to Deductions and Credits
- Scroll down to Estimates and Other Taxes Paid
- Click Update next to Sales Tax.
- On the screen Let's Compare Your Sales Tax and Income Tax select Try Sales Tax Deductions anyway.
- On the following screen select Easy Guide
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‎February 12, 2024
11:58 AM