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My legal residence is Texas. Can I deduct the sales tax on a $12,000 new HVAC system in my New Mexico vacation home?
Texas has no state income tax, so sels tax can be deducted
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My legal residence is Texas. Can I deduct the sales tax on a $12,000 new HVAC system in my New Mexico vacation home?
Yes, you can if you use the actual method by keeping all your receipts and adding up all sales taxes paid, regardless of the state the tax was paid in.
If you use the IRS general sales tax deduction, you cannot add the sales tax on your HVAC system. You can only add sales tax on specified additional items such as a car, an aircraft or a home.
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My legal residence is Texas. Can I deduct the sales tax on a $12,000 new HVAC system in my New Mexico vacation home?
Yes, you can if you use the actual method by keeping all your receipts and adding up all sales taxes paid, regardless of the state the tax was paid in.
If you use the IRS general sales tax deduction, you cannot add the sales tax on your HVAC system. You can only add sales tax on specified additional items such as a car, an aircraft or a home.
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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My legal residence is Texas. Can I deduct the sales tax on a $12,000 new HVAC system in my New Mexico vacation home?
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