turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

weissnd
New Member

Can I deduct the sales tax I pay on supplies and other materials I use for my business?

For example, If I buy a package of batteries for one of my cameras, and the store charges sales tax, is the sales tax a part of the overall business expense?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JohnW15
Intuit Alumni

Can I deduct the sales tax I pay on supplies and other materials I use for my business?

Yes, you can deduct sales tax, but when reporting the expense of the item -- batteries, in this example -- on your tax return, just include the tax along with the price of the underlying product or service.  

View solution in original post

1 Reply
JohnW15
Intuit Alumni

Can I deduct the sales tax I pay on supplies and other materials I use for my business?

Yes, you can deduct sales tax, but when reporting the expense of the item -- batteries, in this example -- on your tax return, just include the tax along with the price of the underlying product or service.  

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question