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The Internal Revenue Service (IRS) permits you to write off either your state and local income tax or sales taxes when itemizing your deductions. People who live in a state that does not impose income taxes often benefit most from this deduction. However, you might also be better off deducting sales taxes instead of income taxes if you make large purchases during the year and your total sales tax payments exceed those for state income tax. You can use either the actual sales taxes you paid or the IRS optional sales tax tables.
To edit the sales tax deduction:
The Internal Revenue Service (IRS) permits you to write off either your state and local income tax or sales taxes when itemizing your deductions. People who live in a state that does not impose income taxes often benefit most from this deduction. However, you might also be better off deducting sales taxes instead of income taxes if you make large purchases during the year and your total sales tax payments exceed those for state income tax. You can use either the actual sales taxes you paid or the IRS optional sales tax tables.
To edit the sales tax deduction:
I can't change the Sales Tax. When I select Sales Tax Update I go to the "Let's Compare Your Sales Tax and Income Tax" but only have options for BACK and CONTINUE.
When you get to that page click "Continue". Select "Easy Guide" and go through the interview. If you have made entries before you can edit those as well in this section.
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