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ATF
Level 1

Sales Tax Deduction - Enter All My Receipts Calculation

When using the "Enter All My Receipts" function, is it safe to calculate the tax spent using 2020 credit card statements?  Does that count as a receipt?

Thank you in advance!

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MinhT1
Expert Alumni

Sales Tax Deduction - Enter All My Receipts Calculation

No.

 

When you opt to deduct actual sales taxes, you must use receipts which show the amount of sales tax paid. Entries on the credit card statements do not show the amount of sales tax paid.

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1 Reply
MinhT1
Expert Alumni

Sales Tax Deduction - Enter All My Receipts Calculation

No.

 

When you opt to deduct actual sales taxes, you must use receipts which show the amount of sales tax paid. Entries on the credit card statements do not show the amount of sales tax paid.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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