You'll need to sign in or create an account to connect with an expert.
If you are currently using the standard deduction instead of itemized deductions, then upgrading would make no difference at all. Even if you are using itemized deductions, there is no guarantee that it would decrease your balance due.
Itemized deductions include mortgage interest, property tax, charitable contributions, state and local tax OR sales tax. Therefore, the sales tax amount would not automatically increase your itemized deductions if your state and local tax was already greater than the sales tax total. If it had an effect at all, it does not reduce the taxes dollar for dollar.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
USM Professor
Level 2
Robbin11
New Member
knuckle_head
Level 1
knuckle_head
Level 1
amhinvestmentgroup
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.