- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If I'm federal itemizing deductions Can I claim the taxes on new Living room purchase?
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If I'm federal itemizing deductions Can I claim the taxes on new Living room purchase?
You can claim the state and local sales tax amounts you paid for big-ticket items such as:
- Motor vehicles (motor homes, recreational vehicles, sport utility vehicles, and off-road vehicles)
- Aircraft or boats
- Your home, substantial home addition, or major home renovation if:
a) Your state or locality charges tax on the sale of a home, the cost of a substantial home addition, or the cost of a major home renovation, or
b) You purchased and paid sales tax on the materials to build a home, build a substantial home addition, or perform a major home renovation.
Living room set, no.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If I'm federal itemizing deductions Can I claim the taxes on new Living room purchase?
You can claim the state and local sales tax amounts you paid for big-ticket items such as:
- Motor vehicles (motor homes, recreational vehicles, sport utility vehicles, and off-road vehicles)
- Aircraft or boats
- Your home, substantial home addition, or major home renovation if:
a) Your state or locality charges tax on the sale of a home, the cost of a substantial home addition, or the cost of a major home renovation, or
b) You purchased and paid sales tax on the materials to build a home, build a substantial home addition, or perform a major home renovation.
Living room set, no.
Still have questions?
Make a post