https://ttlc.intuit.com/community/taxes/discussion/i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my-credit/01/2453305#M875604 Mon, 09 Mar 2026 06:21:20 GMT TN Consulting 2026-03-09T06:21:20Z https://ttlc.intuit.com/community/taxes/discussion/i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my-credit/01/2453305#M875604 Mon, 09 Mar 2026 06:21:20 GMT https://ttlc.intuit.com/community/taxes/discussion/i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my-credit/01/2453305#M875604 TN Consulting 2026-03-09T06:21:20Z https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453365#M875627 <P>Yes, The IRS allows you to deduct actual sales tax paid or a standard formula.&nbsp;</P> <P>&nbsp;</P> <P>If you have all of your receipts for sales tax paid during the year, you can deduct the total sales tax you paid. But if you are audited (this is not an audit trigger unless it is abnormally large compared to your income), you will be required to produce all of those receipts.</P> Sun, 06 Feb 2022 23:07:33 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453365#M875627 ErnieS0 2022-02-06T23:07:33Z https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453384#M875635 <P>So can I just back out sales tax amount from the total of all my credit card statements for the year?</P> Sun, 06 Feb 2022 23:14:02 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453384#M875635 TN Consulting 2022-02-06T23:14:02Z https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453625#M875748 <P>Yes. Assuming everything is taxed at the same rate and there are no items exempt from sales tax.</P> Mon, 07 Feb 2022 00:30:17 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453625#M875748 ErnieS0 2022-02-07T00:30:17Z https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453646#M875758 <P>paying the same % sales tax on everything you put on your CC is highly unlikely. so if you didn't, you would need to go through every receipt.</P> Mon, 07 Feb 2022 00:35:55 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-purchase-everything-with-my-credit-cards-can-i-use-the-total-i-charged-for-the-year-on-my/01/2453646#M875758 Mike9241 2022-02-07T00:35:55Z