Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

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

cancel
Showing results for 
Search instead for 
Did you mean: 
wmcthunter
New Member

Can I get a deduction for sales taxes paid on my manufactured home purchase in AZ and residence is Colorado?

 
1 Best answer

Accepted Solutions
MargaretL
Employee Tax Expert

Can I get a deduction for sales taxes paid on my manufactured home purchase in AZ and residence is Colorado?

Well.. you can claim the sales tax that you paid in another state, the program will compute the deduction based on the general rate of your resident state, but whether you qualify for the deduction depends on many factors: if you itemize your deduction, if CO state income tax withheld is smaller or larger than the sale tax you are claiming. Once you enter the sales tax into the program, TurboTax will compute that for you and will "tell" you if you are better of deducting sales tax or your state income tax.

View solution in original post

1 Reply
MargaretL
Employee Tax Expert

Can I get a deduction for sales taxes paid on my manufactured home purchase in AZ and residence is Colorado?

Well.. you can claim the sales tax that you paid in another state, the program will compute the deduction based on the general rate of your resident state, but whether you qualify for the deduction depends on many factors: if you itemize your deduction, if CO state income tax withheld is smaller or larger than the sale tax you are claiming. Once you enter the sales tax into the program, TurboTax will compute that for you and will "tell" you if you are better of deducting sales tax or your state income tax.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.63m
Discussions

Manage cookies
v