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Sales tax deduction in 2022 on 2021 purchase

I bought a used boat on Dec 24, 2021. I wasn't able to register it with Bureau of Motor Vehicles until 2022 (which includes paying sales tax). Is there any way to deduct the sales tax paid in 2022 against my 2021 taxes? Full disclosure, I didn't pay the sales tax til mid March 2022.

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1 Reply
DavidD66
Expert Alumni

Sales tax deduction in 2022 on 2021 purchase

No, as an individual taxpayer, you are on a "cash" basis.  If you didn't pay it in 2021 it's not deductible on your 2021 tax return.

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