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Deductions & credits
The information provided by xmasbaby0 is correct. To be clear, you can only deduct sales tax or state income tax but not both. Turbo Tax will provide an estimate of the sales tax you paid in general based on your reported income but doesn't take into account big ticket items such as your car. The estimate will be increased by the sales tax paid on the car.
March 14, 2024
11:11 AM