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Taxes paid for previous year on home rennovation

Hi:  We did a major renovation to our home in 2019 but did not claim the taxes paid on materials (neglect on my part) last year.  Can I use sales tax on materials paid in 2019 for taxes done now (for the 2020 year), filed in 2021)?

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AnnetteB6
Employee Tax Expert

Taxes paid for previous year on home rennovation

No, the sales tax deduction can only be claimed in the year that the sales tax was paid.

 

If the amount was significant enough, you can amend your 2019 return to claim the sales tax on that return.

 

See the following TurboTax article for instructions:  How do I amend a 2019 return in TurboTax?

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1 Reply
AnnetteB6
Employee Tax Expert

Taxes paid for previous year on home rennovation

No, the sales tax deduction can only be claimed in the year that the sales tax was paid.

 

If the amount was significant enough, you can amend your 2019 return to claim the sales tax on that return.

 

See the following TurboTax article for instructions:  How do I amend a 2019 return in TurboTax?

**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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