Flooring project qualify as major purchases?

Forum|Forum|4 years ago
March 13, 2022
2 replies
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I replaced all carpeting and tile last year with new tile and also upgraded baseboards. Additionally, I updated the toilet and sink in powder room. Would these qualify as major purchases for purposes of calculating the sales tax? if so, would it be just the materials or the total cost including labor? Thank you for any and help!

Not A Product Question

VolvoGirl

Level 15

No. See IRS Schedule A page A-6 third column line 7 on what items you can add to the sales tax table. http://www.irs.gov/pub/irs-pdf/i1040sca.pdf

You can only add

1. A Motor Vehicle

2. Aircraft or Boat

3. A Home

Major purchases do NOT include:

-Furniture

-Jewelry

-Home electronics

-Appliances

PattiF

Level 15

Those expenses would qualify as major purchases to include in the sales tax figure. The amount entered for Schedule A would be for just the materials.

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