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It depends. You will only benefit by claiming it if your total itemized deductions on the Schedule A ( include the paid sales tax) exceed the standard deduction. With the new tax reform TCJA, Congress doubled the new standard deductions from the previous amount. Therefore, it is harder for most of the taxpayers this year to take the itemized deductions.
Follow these steps to enter info and the program will tell you if you are taking the itemized or standard deduction:
It depends. You will only benefit by claiming it if your total itemized deductions on the Schedule A ( include the paid sales tax) exceed the standard deduction. With the new tax reform TCJA, Congress doubled the new standard deductions from the previous amount. Therefore, it is harder for most of the taxpayers this year to take the itemized deductions.
Follow these steps to enter info and the program will tell you if you are taking the itemized or standard deduction:
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