Florida Sales Tax - Can I submit Pool and Roof Costs?

[lloyds-son]

In 2021 I replaced the roof on my home and had a swimming pool built.  Under the sales tax section would these 2 items be eligible for tax credit?  The list on Turbo Tax lists, vehicles, RV and has a category for building materials.  What parts of the costs of these projects - if any - might I be able to include in my Federal Tax Return?

Thank you

Jeff

[ColeenD3]

Yes. Per the IRS:

3. A home (including a mobile home or prefabricated home) or substantial addition to or major renovation of a home, but only if the tax rate was the same as the general sales tax rate and any of the following applies.

 a. Your state or locality imposes a general sales tax directly on the sale of a home or on the cost of a substantial addition or major renovation.

b. You purchased the materials to build a home or substantial addition or to perform a major renovation and paid the sales tax directly.

[lloyds-son]

Thank you for the reply.  What amount is deductible?  Total cost of the job? Cost of only the building materials?

Is there a cap for the deductible amount?  These are large expense items.  

[AnnetteB6]

You would only be able to claim the portion of the expense that had a sales tax imposed on it (the materials), not the total cost of the job.  

The sales tax deduction is a part of the SALT tax section of your return.  SALT is state and local taxes.  For tax years 2018 through 2025, that section is limited to a maximum of $10,000.  In addition to the sales tax, real estate tax and personal property tax are also in this category.

To learn more, see the following TurboTax help article:  Can I claim the sales tax deduction?

@lloyds-son