You'll need to sign in or create an account to connect with an expert.
You would report this by:
You have the option of claiming either general state and local sales taxes or state and local income taxes as an itemized deduction to reduce your tax bill.
If you live in a state that doesn't tax income, you'll want to go through the Sales Tax Deduction section since chances are good that the sales tax deduction will be larger than any income taxes you may pay.
You would report this by:
You have the option of claiming either general state and local sales taxes or state and local income taxes as an itemized deduction to reduce your tax bill.
If you live in a state that doesn't tax income, you'll want to go through the Sales Tax Deduction section since chances are good that the sales tax deduction will be larger than any income taxes you may pay.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Ofelia m
New Member
steph3144
New Member
David267
New Member
56ef2391037a
New Member
smokentoke1904
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.