turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If I paid monthly sales tax to our city and to our county on the sales of our small business, is there somewhere I input that for deduction?

I live in Birmingham, Alabama in Jefferson County.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DawnC0
Intuit Alumni

If I paid monthly sales tax to our city and to our county on the sales of our small business, is there somewhere I input that for deduction?

Sales tax that you remit to city and county offices for your small business are not reported on your federal income tax return.  The amount of sales tax you may be able to deduct is sales tax paid on your personal purchases and is separate from your business.

On your federal return, if you itemize, you can elect to take a sales tax deduction.  Individuals can deduct either state and local income taxes or sales taxes paid during the year. In other words, taxpayers will need to choose between these two deductions. Generally speaking, the deduction works best for people who live in a state with no income tax, or whose sales tax deduction is larger than their state income tax deduction.  

Since you reside in AL, you could choose whichever is the larger deduction, if you itemize your deductions.  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies